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Cambridge IGCSE Economics practice

Paper 2 structured question: Employment and unemployment

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Attempt questionEmployment and unemployment revisionRevise the key idea

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Employment and unemployment

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Paper 2Structured Questions3 marks

Calculating the unemployment rate is essential for understanding economic health.

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Unemployment Rate Calculation

The unemployment rate is calculated by dividing the number of unemployed individuals by the total labour force and multiplying by 100 to express it as a percentage.

  1. a

    Explain how to calculate the unemployment rate.

    Aim for approximately 3 distinct marking points.

    [3]

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Paper 2 structured question: Employment and unemployment

Paper 2Structured Questions1 marks

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Unemployment Measurement

Unemployment can be measured using two primary methods: the claimant count and the labour force survey. The claimant count reflects the number of individuals receiving unemployment benefits, while the labour force survey provides a broader assessment of employment status.

  1. a

    State the two methods used to measure unemployment.

    Aim for approximately 1 distinct marking point.

    [1]