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1.6 The labour market (A-level only)

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Question 1

Extract D

Table 1: Average annual nominal wage growth, %, January 2018 to December 2025

DateRenewable Energy Sector (%)Legacy Fossil Fuels Sector (%)
Jan 184.22.1
Jan 194.81.8
Jan 205.51.5
Jan 211.22.5
Jan 226.83.0
Jan 237.23.2
Jan 248.03.5
Dec 257.53.1

Explain how the data in Extract D (Table 1) show that, since 2018, the living standards of people working in the renewable energy sector are likely to have increased compared to those working in the legacy fossil fuels sector.

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1.6 The labour market (A-level only) Questions

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