Below, use the information from 2020 to calculate the unemployment rate in Australia. • The number of unemployed persons is 921,780. • The labour force (i.e., employed and unemployed persons) is comprised of 13,505,190 persons • The working age population is 20,674,681 persons. Round your answer to two decimal places. Do not include commas, spaces or symbols such as %, $ in your answer.
Below, use the information from 2020 to calculate the unemployment rate in Australia. • The number of unemployed persons is 921,780. • The labour force (i.e., employed and unemployed persons) is comprised of 13,505,190 persons • The working age population is 20,674,681 persons. Round your answer to two decimal places. Do not include commas, spaces or symbols such as %, $ in your answer.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Below, use the information from 2020 to calculate the
• The number of unemployed persons is 921,780.
• The labour force (i.e., employed and unemployed persons) is comprised of 13,505,190 persons
• The working age population is 20,674,681 persons.
Round your answer to two decimal places. Do not include commas, spaces or symbols such as %, $ in your answer.
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