If you can excuse the tiny font, the chart illustrates a tight and curious correlation between these metrics since December 2006.

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Take a look at the chart below, which shows the strong correlation between incomes in China and India and the gold price.

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By itself, the chart suggests that there is indeed some correlation between high flexibility and low unemployment but because it shows averages for the whole period the diagram does not exploit the time-series aspect of the information.

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