Global Economics

Global Economics Update

25 January, 2019

Will rising unemployment resurrect the Phillips Curve?

Slower global growth will bring the downward trend in unemployment seen in developed economies in recent years to a halt and actually push unemployment up in some countries including the US. This should knock on the head any lingering risk of an imminent pick-up in wage growth and inflation. Indeed, more likely now is that slowing wage growth bears down on inflation.

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.