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Trends in macroeconomic indicators

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Question 23

Is the UK labour market experiencing productivity-led employment growth?

Table 1: UK Real Gross Domestic Product (GDP) index and total employment index

QuarterReal GDP IndexTotal Employment Index
Q1 2021100100
Q3 2021105104
Q1 2022109106
Q3 2022114109
Q1 2023120113
Q3 2023126117

Using the data in Table 1, calculate the percentage change in the total employment index between Q3 2021 and Q3 2023.

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Trends in macroeconomic indicators Questions

  1. A Level
  2. /Economics
  3. /Trends in macroeconomic indicators