Since the early 1990s, the composition of the UK workforce has undergone a significant transition. Total employment in heavy industries and manufacturing has steadily declined, while high-value knowledge-intensive services and creative industries have expanded rapidly. Despite targeted regional development grants aimed at retraining former industrial workers, some deindustrialized urban areas continue to experience persistent structural unemployment. Meanwhile, overall national GDP has grown, driven primarily by service sector exports.
Which one of the following can be inferred from the text? Over the last three decades,
the structural composition of the UK labor market has shifted.
the absolute number of unemployed workers in the UK has continuously risen.
regional development grants have successfully eliminated all structural unemployment.
heavy industries have maintained their percentage share of national GDP.
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.