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Fig. 3 | Journal for Labour Market Research

Fig. 3

From: Forecasting the unemployment rate using the degree of agreement in consumer unemployment expectations

Fig. 3

Evolution of unemployment rates, consensus and survey responses by category. The blue area represents the evolution of the % of “increase” responses (P) regarding the expected level of unemployment over the next months, the grey area represents the % of “fall” responses (M), and the white area the  % of “no-change” responses (E). The black line represents the evolution of the unemployment rate in each country (secondary axis) and the dashed black line the evolution of the  % of agreement among consumers (main axis)

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