YR10 ANALYSIS OF THE UK LABOUR MARKET :: Economics

YR10 ANALYSIS OF THE UK LABOUR MARKET 1. What have been the trends in unemployment levels in the UK in the past 25 years? From the graph above I can come to a conclusion that since 1984 the number of people unemployed has decreased. However, it hasn’t been constantly decreasing, it went down in between 1986 and 1990 and then back up again between 1990 and 1993. From here it has steadily gone down from there being 10,000 people unemployed to there only being 3,000 people unemployed in 2004. Ever since 1984 full time workers have been in greater supply then the part time workers. Both full time and part time workers have increased at roughly the same rate with the graph lines almost being parallel. One reason for both sets of workers increasing at the same rate is that there could be a population increase causing there to be more workers getting jobs in both categories. Both of the sets of workers have increased, since 1984 to 2004, by about 2500 people. 2. How has the split between full and part time workers changed? Ever since 1984 full time workers have been in greater supply then the part time workers. Both full time and part time workers have increased at roughly the same rate with the graph lines almost being parallel. One reason for both sets of workers increasing at the same rate is that there could be a population increase causing there to be more workers getting jobs in both categories. Both of the sets of workers have increased, since 1984 to 2004, by about 2500 people. Unemployment differs between the different regions of the UK in quite similar ways. The pattern of unemployment over the year’s looks very similar but with different quantities for the different regions. The North East has the greatest number of unemployed in the duration of the 29 years, whilst the East has on average the lowest number of unemployed. In 2004 the different regions have a lot closer link then ever before with a range of just 2000. 3. How does unemployment differ between different regions in the UK Unemployment differs between the different regions of the UK in quite similar ways. The pattern of unemployment over the year’s looks very similar but with different quantities for the different regions. The North East has the greatest number of unemployed in the duration of the 29 years, whilst the East has on average the lowest number of unemployed. In 2004 the different regions have a lot closer link then ever before with a range of just 2000.