Teaching activity

# Labour Market General Knowledge Quiz

Geoff Riley

11th May 2018

I'm just starting to teach labour market economics to my Year 12 Economists. Here is a ten question quiz I used to kick off our discussions to give them some introductory perspective.

1: What was net inward migration into the UK last year (to within 100,000)
2: What percentage of people in work in the UK are members of a trade union (to within 10%)
3: What is the estimated size (as a percentage) in the Gender Pay Gap (to within 10%)
4: What is the current UK unemployment rate (to within 0.5%)
5: For every £1 the average worker earns in a FTSE 100 company, what does a FTSE-100 CEO earn? (to within £50)
6: To within 5 percent, percentage of people in work in the UK are on zero hours contracts?
7: To within £1 per hour, what is the hourly adult minimum wage rate in the UK? (workers aged over 24)
8: To within 5 years, what is the median age in years of people living in the UK?
9: To within 3 years, across all genders, what is average life expectancy in years in the UK
10: To within 10%, what is the percentage share of foreign-born people in total employment in the UK?

And, if you are using this in the classroom, here are the answers!

1: What was net inward migration into the UK last year (to within 100,000) A: 260,000
2: What percentage of people in work in the UK are members of a trade union (to within 10%) A: 22%
3: What is the estimated size (as a percentage) in the Gender Pay Gap (to within 10%) A: UK has a national median pay gap of 18.4%
4: What is the current UK unemployment rate (to within 0.5%) A: 4.2% of the labour force
5: For every £1 the average worker earns in a FTSE 100 company, what does a FTSE-100 CEO earn? (to within £50) A: £129
6: To within 5 percent, percentage of people in work in the UK are on zero hours contracts? A: 2.8% or just under 900,000 people
7: To within £1 per hour, what is the hourly adult minimum wage rate in the UK? (workers aged over 24) A: £7.83 per hour
8: To within 5 years, what is the median age in years of people living in the UK? A: 43 years
9: To within 3 years, across all genders, what is average life expectancy in years in the UK A: 81.6 (Glasgow: 73.4)
10: To within 10%, what is the percentage share of foreign-born people in total employment in the UK? A: 16.7%

#### Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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