Unemployment and inflation are important economic indicators that can affect a country's stability. Research shows that when unemployment is high, inflation tends to be low, and vice versa. This relationship was confirmed by the Phillips curve, which predicted how changes in one indicator would affect the other. However, in recent years, this relationship has become less stable. In Macedonia, high unemployment and hyperinflation created challenges in the past, but the situation has improved. A recent study used econometric software to analyze the relationship between unemployment and inflation in order to inform government policies. The findings suggest that while inflation is no longer a major concern, high unemployment remains a significant issue that needs to be addressed.