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2.1 Measures of economic performance

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Question 19

With reference to Figure 1, explain one reason why the Labor Force Survey (ILO) measure of unemployment and the Claimant Count measure of unemployment differ.

Figure 1: Comparison of Unemployment Measures in Novaria (2018–2023)

Comparison of Unemployment Measures in Novaria (2018–2023)

YearILO Measure (Millions)Claimant Count (Millions)
20182.101.35
20191.951.40
20202.802.15
20213.102.45
20222.401.80
20231.851.20
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2.1 Measures of economic performance Questions

  1. A Level
  2. /Economics
  3. /2.1 Measures of economic performance