The Australian Bureau of Statistics (ABS) reported in May 2017 that the civilian population in Australia  over 15 years cwas 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 number of people in civilian population who were not in the labor force? Also with examples examine the causes of structural unemployment in Australia

Essentials Of Business Analytics
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Chapter3: Data Visualization
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Problem 2P: The following table shows an example of gross domestic product values for five countries from 2005...
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The Australian Bureau of Statistics (ABS) reported in May 2017 that the civilian population in Australia  over 15 years cwas 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 number of people in civilian population who were not in the labor force? Also with examples examine the causes of structural unemployment in Australia

 

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