I'm a visual person so straight away put a hinge at the intersection of the red line and the '09 grey skyscrapers, and rotated the skyscrapers through 180 degrees anti-clockwise. Pretty good fit.
(Scramble back to the early 1990s and the skyscrapers would have been half as high again.)
Hence Treasury observes,
" The unemployment rate is only slightly above its post-2000 average..."
Of course, to maintain a similar (14 year) average through post-2010 will take a great deal of improvement over the next few years. But statistics .... you can manipulate them to make any point you want to.
Suffice to say, most developed countries would die for a graph featuring a highest unemployment rate during the GFC of less than 7.2 percent.
