Extracts from this document...

Introduction

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. ...read more.

Middle

In 2004 the different regions have a lot closer link then ever before with a range of just 2000. With the five other countries, the UK's unemployment looks quite good. Spain and Germany have two of the worst rates if unemployment. Japan did have the best rate of unemployment by a long way but now are on par with the UK. The UK did have the second worst rate of unemployment in 1993 but now have the joint best in 2004 with Japan. There are no patterns in this data as the different countries have a continuous change in unemployed people. The UK on the other hand does have a pattern as it is constantly decreasing over the years. 4. How does the UK rate of unemployment compare to other EU countries and Japan and USA? With the five other countries, the UK's unemployment looks quite good. Spain and Germany have two of the worst rates if unemployment. ...read more.

Conclusion

"Mining, Gas, Water" has slowly decreased over the 27 years with a decrease in workers of about 500. 6. What changes have taken place between different industries in the UK? There are many changes in this graph to be compared. "Manufacturing" is the one that changes the most, with a massive decrease from about 7000 down to about 3500 workers. The one that changes the most next is "Banking, Finances" with a change of about 3000. "Construction" is the only one that stays roughly the same over the 27 years with an increase of only about 250. "Mining, Gas, Water" has slowly decreased over the 27 years with a decrease in workers of about 500. 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. ?? ?? ?? ?? ...read more.

This student written piece of work is one of many that can be found in our AS and A Level Macroeconomics section.