The graph below gives information on wages of Somecountry over 10 year period

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The graph below gives information on wages of Somecountry over 10-year period

The line graph shows the growth rate of wages in a country between 1993 and 2003. Overall, the figures of wages experienced an upward trend in the first five-year period, and then declined sharply in the following years.

More specifically, the growth rate of income saw a growth trend in 1993, doubling from 2% to 4% in 1994, after which the percentage dropped to 3% in 1995. Subsequently, there was a slow recovery in the figure, which shot up to the peak of 6% in 1998. However, it can clearly be seen that the rate fell quickly afterwards, falling to at the same level as in the year of 1993(3%), before it saw a further drop since 2001. Then, the rate of growth continued to fall and bottomed out at the level of 1% as the graph shown, followed by a gradual rebound in 2003(3%).

In brief, by seeing the graph, the wages grew substantially from 1993 to 1998, while it declined dramatically as the years went by.

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