The Australian Bureau of Statistics(ABS) reported in May2017 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. What will be 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. Thanks
The Australian Bureau of Statistics(ABS) reported in May2017 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. What will be 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
Civilian Population over 15 years =20.8 million
Employed civilian population = 13.5 million
Unemployed civilian population = 0.7 million
Labor force = Employed civilian population over 15 years of age + unemployed civilian population over 15 years of age
Labor force = 13.5 + 0.7
Labor force = 14.2 million
The number of people in the civilian population who are not in the labor force = Total population - People in the labor force
The number of people in the civilian population who were not in the labor force = 20.8 Million - 14.2 Million = 6.6 Million
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