Formulated using more than  100 years of data from the United Kingdom, the developer of the curve, for whom the curve is named,  found an inverse relationship between unemployment and price inflation.
At a natural rate of unemployment, this curve is flat in the long run. Formulated using more than  100 years of data from the United Kingdom, the developer of the curve, for whom the curve is named,  found an inverse relationship between unemployment and price inflation. For ten points name this curve  which shows that employees press less strongly for raises during times of high unemployment.
At a natural rate of unemployment, this curve is flat in the long run.
Phillips Curve