2 Unemployment and earnings growth 5. 32 1 - 3 -5 1965 1970 1975 1980 1985 1990 1995 2000 -growth rate of inflation-adjusted hourly earnings -change in Unemployment rate CHAPTER 1 The Science of Macroeconomics slide 10CHAPTER 1 The Science of Macroeconomics slide 10 Unemployment and earnings growth - 5 - 4 - 3 - 2 - 1 0 1 2 3 4 5 1965 1970 1975 1980 1985 1990 1995 2000 % growth rate of inflation-adjusted hourly earnings change in Unemployment rate 2