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3.2 Low unemployment

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Question 12

A labour market survey of an island economy produced the following estimates.

Employment statusNumber of people
Employed3,648,000
Unemployed252,000

Calculate the unemployment rate. Give your answer to one decimal place.

[2]
Markscheme

3.2 Low unemployment Questions

  1. GCSE
  2. /Economics
  3. /3.2 Low unemployment

65 exam-style questions on OCR GCSE Economics 3.2 Low unemployment, covering 3.2.1 Employment and unemployment, 3.2.2 Measuring unemployment, 3.2.3 Calculate the unemployment rate, 3.2.4 Analyse unemployment figures, 3.2.5 Types of unemployment, and 3.2.6 Causes and consequences of unemployment. Each one has a worked solution and a mark scheme showing where the marks go.

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