Wednesday, April 01, 2009

Unit 2: Unemployment data

The Guardian this week had a breakdown of the latest employment data: As of Feb 2009

26.94m people were in full time employment
2.41m people were in part time employment
2.03m people were unemployed (LFS measure)
7.8m people were economically inactive (2.05m students,2.22m looking after home/family, 2m long term sick, 0.17m temporary sick, 0.59m early retired, 0.77m others)

a) How many people were economically active?
b) What % of the workforce is economically active?

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