A-LevelEconomicsThe macroeconomy9708/32 · Feb/Mar 2017 · Q221 Mark
The diagram shows selected US labour statistics from 2001 to 2014. [Figure of US labour statistics from 2001 to 2014 including net new jobs and employment percentage]
- (a)What can be concluded from the diagram about 2001-2014? A Employment as a percentage of the population aged 16 and over declined continuously. B In periods when the number of net new jobs was rising the percentage employed increased. C The natural rate of unemployment was achieved only in 2008. D The number of unemployed workers fell in all except four years.[1]
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Mark scheme
Marking points from the official mark scheme (Feb/Mar 2017). The mark or mark type is shown in brackets.
- [1] Answer: B
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