Macroeconomics labour markets context 2016/17 0.0 / 5 ? EconomicsThe labour marketA2/A-levelAQA Created by: FrancesClarkeCreated on: 21-04-17 10:23 What is the employment rate? Feb 2017 4.7% 1 of 10 What is the youth unemployment rate? Jan 2017 11.9% 2 of 10 What is the minimum wage? April 2017 £7.50 3 of 10 What is the current wage growth? Feb 2017 2.3% 4 of 10 What is the current UK population? 2017 65.5million 5 of 10 What is the weekly average amount of hours worked? 32.4 hours 6 of 10 What is the current labour productivity? 102 index points 7 of 10 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 9 of 10 What is the current gender pay gap UK? 18.2% 10 of 10
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