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3.2.3 Calculate the unemployment rate
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What the unemployment rate measures

What the unemployment rate measures

The unemployment rate is the number of unemployed people expressed as a percentage of the labour force. It is not the percentage of the whole population who are unemployed.

3.2.3 Calculate the unemployment rate Lesson

  1. GCSE
  2. /Economics
  3. /3.2.3 Calculate the unemployment rate

Step-by-step lessons on OCR GCSE Economics 3.2.3 Calculate the unemployment rate. Each one builds up to exam-style questions. Build a solid grasp of supply and demand and cost/revenue calculations before tackling the evaluation-heavy policy topics.

Lessons