Extract A (Figure 1): Labor market indicators in Australia
| Years | Youth unemployment rate (%) | Part-time employment share (%) |
|---|---|---|
| 2012–13 | 11.4 | 19.5 |
| 2014–15 | 13.9 | 20.2 |
| 2016–17 | 12.7 | 21.1 |
| 2018–19 | 11.5 | 20.8 |
| 2020–21 | 14.2 | 22.4 |
| 2022–23 | 9.1 | 18.9 |
Using the data in Extract A (Figure 1), calculate the mean youth unemployment rate for Australia from 2012–13 to 2022–23. Give your answer to one decimal place.
327 exam-style questions on AQA A Level Economics 2.3 Economic performance, covering 2.3.1 Economic growth and the economic cycle, 2.3.2 Employment and unemployment, 2.3.3 Inflation and deflation, and 2.3.4 Possible conflicts between macroeconomic policy objectives. Each one has a worked solution and a mark scheme showing where the marks go.