Unemployment in the USA – Revision

In the USA unemployment is continuing to rise, although at a slower rate, and is currently at 9.4%. Press read more for a BBC video which explains why unemployment will continue to rise, even after the first signs of recovery in the economy and some GCSE style questions.

Questions:
1. How is unemployment measured? (2 marks)
2. Define the term “cyclical unemployment” (2 marks)
3. Explain 2 consequences of higher unemployment (4 marks)
4. Discuss 2 policies to help reduce unemployment. (8 marks)