Economics class: Partisan fight over US labour market jolted by strong hiring data - Financial Times

This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.

Specification: 

• Employment and unemployment, government failure, demand-side policies, possible macroeconomic objectives

Click to read the article below and then answer the questions:

Cost of polluting in EU soars as carbon price hits record €50

• Define ‘unemployment rate’

• Identify one possible reason for the recorded higher unemployment rate in the US labour market, even while it is creating a larger number of jobs

• Explain the consequences of disproportionate government unemployment benefits for both job seekers and employers

• Evaluate the opportunity for the US government to reduce government monetary policy support, towards full employment and 2% inflation rate targets

Luca Scappini, Stepney Green Maths, Computing and Science College

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Economics class: Partisan fight over US labour market jolted by strong hiring data - Financial Times
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