Question
In September 2022, the ABS released the numbers on unemployment in Australia as of August 2022. South Australi's unemployment rate was 3.9% which is 0.4
In September 2022, the ABS released the numbers on unemployment in Australia as of August 2022. South Australi's unemployment rate was 3.9% which is 0.4 percentage points higher than the national average.
a) if employed people were 893,534 in South Australia, what was the number of unemployed people in the state?
b) if the working age population was 1473613 in south Australia as of August 2022 what was the participation rate in the state?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Managerial Economics
Authors: Paul Keat, Philip K Young, Steve Erfle
7th edition
0133020266, 978-0133020267
