Table 1 shows labour-market data for Lydora. All remaining working-age people had no paid work, were available to start a job and were actively looking for work.
| Labour-market data | Number of people (millions) |
|---|---|
| Working-age population | 4.80 |
| People in paid work for an employer | 3.20 |
| Self-employed people | 0.40 |
| Students with no paid work who were not looking for work | 0.45 |
| Long-term sick people who were not looking for work | 0.25 |
| People caring for family who were not looking for work | 0.10 |
Calculate Lydora's labour force, the number unemployed and the unemployment rate. Show your working.
189 exam-style questions on AQA GCSE Economics 2.2 Government objectives, covering 2.2.1a The main economic objectives, 2.2.1b Conflicts between government objectives, 2.2.1c Other objectives and ethical considerations, 2.2.2a The significance of economic growth, 2.2.2b Causes, costs, benefits and policies for growth, 2.2.2c GDP measures and calculations, 2.2.3a Measuring employment and unemployment, 2.2.3b Types and causes of unemployment, 2.2.3c Consequences and policies for unemployment, 2.2.4a What inflation is, 2.2.4b Measuring inflation with the CPI, 2.2.4c Causes, consequences and control of inflation, 2.2.5a Balance of trade and balance of payments, 2.2.5b Current account surpluses and deficits, 2.2.5c Policies to influence the balance of payments, 2.2.6a Income and wealth inequality in the UK, 2.2.6b Causes and consequences of inequality, and 2.2.6c Redistributing income and wealth. Each one has a worked solution and a mark scheme showing where the marks go.