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Economics (AS & A Level) · May / June 2025 · Paper 13 · Question 17

9708Unemployment

The table shows some labour market statistics. | | million | |---|---| | number of people of working age | 45 | | number of people unemployed | 2 | | number of people in the labour force | 40 | | number of people in the population | 80 | What is the unemployment rate?

  1. A2.5%
  2. B5%
  3. C6.25%
  4. D12.5%

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Correct answer: B. 5%

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