Macroeconomics labour markets context 2016/17

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What is the employment rate? Feb 2017
4.7%
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What is the youth unemployment rate? Jan 2017
11.9%
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What is the minimum wage? April 2017
£7.50
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What is the current wage growth? Feb 2017
2.3%
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What is the current UK population? 2017
65.5million
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What is the weekly average amount of hours worked?
32.4 hours
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What is the current labour productivity?
102 index points
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What is the average hourly wage of a cleaner UK?
£7.25
8 of 10
What is the average hourly wage for a CEO UK?
£24.30
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What is the current gender pay gap UK?
18.2%
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Other cards in this set

Card 2

Front

What is the youth unemployment rate? Jan 2017

Back

11.9%

Card 3

Front

What is the minimum wage? April 2017

Back

Preview of the front of card 3

Card 4

Front

What is the current wage growth? Feb 2017

Back

Preview of the front of card 4

Card 5

Front

What is the current UK population? 2017

Back

Preview of the front of card 5
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