Economics B A-Level
Labour market slack
What Labour market slack means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Labour market slack
Check what you remember
Read the wording for your board, then hide it and explain Labour market slack in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Hidden underutilisation of workers that is not captured by headline unemployment rates.
Topics that use Labour market slack
- Employment and unemployment (Pearson Edexcel A-Level)
Related terms
- Geographical immobility
- ILO measure
- International comparisons
- Structural unemployment
- Unemployment
- Claimant Count
- Employment
- Occupational immobility
Using Labour market slack in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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