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Countries historical unemployment per inflation

Description

This scatter chart displays unemployment (% of total labor force) against inflation (annual %). The data is from our countries entity.

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Analysis

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Legend
Inflation: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. This metric is expressed in annual %.
Unemployment: Unemployment refers to the share of the labor force that is without work but available for and seeking employment. (ILO estimates) This metric is expressed in % of total labor force.

Details

This chart is based on data from: World Bank

Updated: 16 days ago

This chart can be used under the CC BY 4.0 license

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