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provide the answer only b questions parts with proper and full information. Question 4 - 50 marks a. Refer to the diagrams below to describe

provide the answer only b questions parts with proper and full information.

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Question 4 - 50 marks a. Refer to the diagrams below to describe the Tasmania's employment outlook compared to the national employment outlook. (10 marks) Labour Force Participation Rate (%) 68.0 66.0 64.0 62.0 60.0 58.0 56.0 90 92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 Australia Tasmania Employment Level (Index), Trend Data 180 160 140 120 100 80 90 92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 Australia Tasmania Unemployment Rate (%) 13.5 11.5 9.5 7.5 5.5 3.5 90 92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 - Australia -Tasmania Source: 6202.0 Labour Force, Australia, Australian Bureau of Statistics. b. What factors could have caused the differences in i. Labour force participation rate? (5 marks) ii. Employment level? (5 marks) iii. Between the period 2012 to 2015, why was the Tasmanian unemployment rate way higher than the national rate? (10 marks)

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