Back to the full dot-point answer
WalesEconomicsQuick questions
Evaluating Economic Models and Policies (A2 Unit 4)
Quick questions on Unemployment - WJEC A-Level Economics
3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is measuring unemployment?Show answer
The Labour Force Survey gives the unemployment rate as the share of the economically active population (those in work plus those seeking work) who are unemployed. The two measures can differ because not all the unemployed claim benefits and the rules for claiming change over time. Both may understate the true picture by missing hidden unemployment (discouraged workers who have stopped looking) and underemployment (people in part-time or low-hour work who want more). Knowing what each measure captures is essential for the evaluation marks.
What is q1?Show answer
Name two types of unemployment. [2 marks]
What is q2?Show answer
Explain why supply-side rather than demand-side policy is appropriate for structural unemployment. [3 marks]
Have a question we have not covered?
This dot-point answer is short enough that we have not extracted many short questions yet. Read the full dot-point answer or ask Mo, our study assistant, in the chat for follow ups.