Help me calculate this employment rate

d) You have noted that the RBA is also monitoring Australia's unemployment rate. The following table provides labour market data from the Australian Bureau of Statistics (ABS). Using this ABS data, your colleague has computed that the unemployment rate before the pandemic was 5.3% in March 2020. Firstly verify that your colleague has computed the unemployment rate correctly. The, based on the August 2021 figures (the most recent month of data available), provide your economic assessment of how far away Australia's latest unemployment rate is from returning to the March 2020 unemployment rate? To support your calculations, include all your working and the formulas you applied to compute the unemployment rate. For this labour market data, round off your answers to 2 decimal points. When you obtain your answers, write a clear sentence that addresses the specific questions that have been asked. Labour Force Statistics, Australia (March 2020 to August 2021) Employed (000s) Unemployed Labour force Civilian population aged (000s) (000s) 15 years and older (000s) Mar-2020 12,995.5 723.2 13,718.7 20,831.0 Apr-2020 12,403.7 844.5 13,248.2 20,838.9 May-2020 12,139.7 916.3 13,056.1 20,846.7 Jun-2020 12,377.3 982.4 13,359.7 20,854.6 Jul-2020 12,479.1 1,004.2 13,483.3 20,851.9 Aug-2020 12,626.5 915.2 13,541.7 20,849.2 Sep-2020 12,581.1 925.9 13,507.0 20,846.5 Oct-2020 12,741.1 949.6 13,690.7 20,849.1 Nov-2020 12,828.5 940.8 13,769.4 20,851.7 Dec-2020 12,865.8 905.9 13,771.7 20,854.2 Jan-2021 12,894.9 881.6 13,776.6 20,860.3 Feb-2021 12,976.2 808.1 13,784.3 20,866.4 Mar-2021 13,051.2 787.9 13,839.1 20,872.4 Apr-2021 13,021.1 753.5 13,774.6 20,881.8 May-2021 13,137.9 700.8 13,838.7 20,891.2 Jun-2021 13,165.8 679.2 13,845.0 20,900.6 Jul-2021 13,168.9 639.0 13,807.8 20,911.6 Aug-2021 13,022.6 617.1 13,639.7 20,922.6 Source: ABS, Labour Force Australia, Seasonally-adjusted data series. https://www.abs.gov.au/statistics/labour/employment-and-unemployment/labour-force-australia/latest- release (Accessed 16 September 2021)