Notes : (1) Deflated with G7 CPI index. (2) MSCI index. (3) Total OECD. The combination of these macroeconomic sources of tension interacted with the financial system flaws to build up very significant, although at least partly hidden, financial fragilities, which were then fully revealed by the outbreak of the crisis.
The data on registered unemployment (people registering as unemployed in order to receive unemployment insurance payouts) is patchy and where available, not consistent over time. As far as the Labour Force Surveys are concerned, they only started in 2000 and have a six-monthly frequency.