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1.6 The labour market (A-level only)

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Question 6

Extract C

Table 2: Collective bargaining coverage, % of workforce, 2005 to 2023

YearAll employeesService sectorManufacturing sector
200531.522.448.6
201128.219.844.1
201725.418.140.2
202324.117.038.5

Figure 2: Average annual nominal wage growth, %, January 2016 to December 2023

| Date | Service sector (%) | Manufacturing sector (%) | |---|---|---|| | Jan 16 | 2.5 | 1.8 | | Jan 17 | 3.0 | 2.0 | | Jan 18 | 3.2 | 2.2 | | Jan 19 | 4.0 | 2.5 | | Jan 20 | -1.0 | 1.8 | | Jan 21 | 9.0 | 3.0 | | Jan 22 | 6.5 | 3.5 | | Dec 23 | 6.8 | 3.8 |

Explain how the data in Extract C (Figure 2) show that, since 2016, the living standards of people working in the service sector are likely to have increased compared to those working in the manufacturing sector.

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1.6 The labour market (A-level only) Questions

  1. A Level
  2. /Economics
  3. /1.6 The labour market (A-level only)

64 exam-style questions on AQA A Level Economics 1.6 The labour market (A-level only), covering 1.6.1 The demand for labour, marginal productivity theory, 1.6.2 Influences upon the supply of labour to different markets, 1.6.3 The determination of relative wage rates and levels of employment in perfectly competitive labour markets, 1.6.4 The determination of relative wage rates and levels of employment in imperfectly competitive labour markets, 1.6.5 The Influence of trade unions in determining wages and levels of employment, 1.6.6 The National Minimum Wage, and 1.6.7 Discrimination in the labour market. Each one has a worked solution and a mark scheme showing where the marks go.

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