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If we look at data published by the Australian Bureau of Statistics, we find the following data for June 2019: the working age population is
If we look at data published by the Australian Bureau of Statistics, we find the following data for June 2019: the working age population is 20.6 million, the employed population is 12.9 million, and the unemployed population is 0.7 million. Given this data, million people of working age are not actively employed or looking for a job, the unemployment rate is - and the labour force participation rate is . Question 4Answer a. 13.6; 5.2%; 63% b. 12.2; 5.0%; 64% c. 7.7; 5.5%; 65% d. 7.0; 5.1%; 66%
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