AI Content Chat (Beta) logo

FIGURE I-7 Employers having trouble filling vacant jobs . Job openings . per unemployed . . . S United States (LHS) Developed maret . U eU.S. (HS) . - s x e t e t . e a . k t r d S a e . t . d m i e n p U o . l e . v e . D          Note: Data include Australia, Austria, Belgium, the Czech Republic, Finland, Germany, Japan, Norway, Portugal, Spain, Sweden, the United Kingdom, and the United States. Sources: Vanguard calculations, based on data from Thomson Reuters Datastream, as of October 31, 2022. FIGURE I-8 Long-term inflation expectations have remained anchored %  Median -year-ahead expected inflation rate  Median -year-ahead expected inflation rate  -year expected inflation (  June June June June June June June June June June           Notes: Global inflation expectations were calculated for G7 countries based on GDP weights. Subcomponent contributions were calculated on a GDP-weighted basis. For CPI subcomponent weights at the country level, 2021 weights were used for the U.S., the U.K., the European Union, and Canada; 2020 weights were used for Japan. West Texas Intermediate (WTI) spot data were used for oil prices, and WTI forward prices were used for forecast estimates. Sources: Survey of Consumer Expectations, Federal Reserve Bank of New York, and Federal Reserve Bank of St. Louis FRED database. 13

Vanguard economic and market outlook for 2023 - Page 13 Vanguard economic and market outlook for 2023 Page 12 Page 14