What unemployment means
What unemployment means
Unemployment occurs when people who are willing and able to work are without a job and are actively seeking work. The unemployment rate measures the percentage of the economically active population who are unemployed.
Step-by-step lessons on OCR GCSE Economics 3.2.6 Causes and consequences of unemployment. 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.