Measuring Unemployment in the UK
Measuring Unemployment in the UK
Unemployment is a situation in which people are willing and able to work at the current wage rate, are actively seeking work, but cannot find a job. The UK uses two main measures: the claimant count and the Labour Force Survey (LFS) measure.
Step-by-step lessons covering AQA A Level Economics 2.3.2 Employment and unemployment for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.