The Australian Bureau of Statistics (ABS) reported in May 2017 that the civilian population in Australia over 15 years of age was 20.8 million. Of this population of 20.8 million Australians, 13.5 million were employed and 0.7 million were unemployed. Calculate Australia’s labor force and the number of people in the civilian population who were not in the labor force? Also, with examples examine the causes of structural unemployment in Australia
The Australian Bureau of Statistics (ABS) reported in May 2017 that the civilian population in Australia over 15 years of age was 20.8 million. Of this population of 20.8 million Australians, 13.5 million were employed and 0.7 million were unemployed. Calculate Australia’s labor force and the number of people in the civilian population who were not in the labor force? Also, with examples examine the causes of structural unemployment in Australia
Chapter12: Business Cycles And Unemployment
Section: Chapter Questions
Problem 3SQP
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Q) The Australian Bureau of Statistics (ABS) reported in May 2017 that the civilian
population in Australia over 15 years of age was 20.8 million.
Of this population of 20.8 million Australians, 13.5 million were employed and
0.7 million were unemployed.
Calculate Australia’s labor force and the number of people in the civilian
population who were not in the labor force? Also, with examples examine the
causes of structural
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