Two Main Labour Market Indicators

• The unemployment rate
• The labour force participation rate
Unemployment rate is the percentage of people in the
labour force who are unemployed.
Number of
people unemployed
x 100
Labour force
In January 2015, the unemployment rate was 6.4 per cent.

Don't use plagiarized sources. Get Your Custom Essay on
Two Main Labour Market Indicators
Just from $13/Page
Order Essay