Question 1
The table gives the total labour force and the unemployment rate for the UK in 2017
(Source: www.economicsonline.co.uk and www.ons.gov.uk)
In 2019 the total number of unemployed people was 1.29 million.
Using the formula above, work out the unemployment rate for the UK in 2019 Give your answer correct to 2 decimal places and write your answer in the table.
(2)
Using your answer to part (a)(i), what conclusion can be drawn about the unemployment rate in the UK between 2017 and 2019?
(1)
Bob says, without doing any calculations, that the total number of people unemployed decreased from 2017 to 2018
Using the data in the table, assess Bob’s claim.
(2)