This paper examines some stylised facts of trends in employment and unemployment over the past 30 years. The most … in the 1990s. The similar trend in female unemployment rates in both recoveries reflects different forces: in the 1980s … of employment growth in the 1980s, particularly the finance and insurance, and retail and wholesale trade sectors, have …

. These include the distinction between the short and long-run trade-offs between inflation and unemployment, and the changing … level of the non-accelerating inflation rate of unemployment (NAIRU), particularly in the 1970s. We estimate Phillips curves …