Labor market analysis

select one particular country and find unemployment rate record in the past decade. (5 marks)
Task 2: Please search inflation rate in that country in the past 10 years (5 marks)
Task 3: Compare these two groups of data and guess the relationship between unemployment rate and inflation rate. According to the quantitative research, you can regress these two groups of data and analyze the relationship between unemployment rate and the inflation rate (hint: use unemployment rate as dependent variable and the reciprocal of inflation rate as independent variable, and then figure out coefficient in regression model) (10 marks)
Task 4: Briefly explain the reason why the curve looks like that (hint: Philips Curve) (10 marks)

II. Deliverable:
Task 1: Unemployment data (if necessary, data is not strictly subject to time constraint. It can be more than 10 years)
Task 2: Inflation data (if necessary, data is not strictly subject to time constraint. It can be more than 10 years)
Task 3: Regression line with clear regression model and analysis (no more than 300 words)
Task 4: Short answers to explain the reason (no more than 500 words)