(Source: Matt Cowgill)
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[…] LookTheMoneyIllusionMarginal RevolutionEconomist's ViewMacroMania I snagged this from Trading 8s. ”This” is a chart showing a regression in U/E as M/W increases in various OECD […]
What happens when you add in all the countries? Or different ones?
It’s so scattered and there are so many factors affecting unemployment I’m not sure how this is useful.