In December of 2022, the population of Australia was 23.7 million, the working-age population was 19.2 million, the total number of people employed was 11.7 million, and the total number of people unemployed was 0.8 million. What was the labour force participation rate? a. 80% b. 57% c. 65% d. 88%

Assume a country has a total population of 20 million, of which 80 per cent are adults. 2.4 million of the adult population is not looking for a job, and 448,000 persons are employed. What is the labour force participation rate?a.5%b.80%c.85%d.95%

If we look at data published by the Australian Bureau of Statistics, we find the following data for June 2019:Working age population: 20.6 millionEmployed population: 12.9 millionUnemployed population: 0.7 millionThen ___________million of people of working age are not actively employed or looking for a job, the unemployment rate is _______________ and the labour force participation rate is ____________________Group of answer choices7.7; 5.5%; 65%7.0; 5.1%; 66%12.2; 5.0%; 64%13.6; 5.2%; 63%

Assume a country has a total population of 58 million, of which 70 per cent are part of the working-age population. 23.7 million working-age people are not looking for a job, and 11.35 million are employed. What are the labour force participation rate (LFPR) and the unemployment rate (u)?a.LFPR = 41.6%; u = 19.5%b.LFPR = 41.6%; u = 32.8%c.LFPR = 59.4%; u = 19.5%d.LFPR = 59.4%; u = 32.8%

If the number of unemployed equals 125,000 and the number of employed equals 275,000, the labor-force participation rateChoose one answer from the options below.is 31.2%is 68.8%is 75%cannot be determined from this information.

If the labour force consists of 6,000 people and the working age population is 10,000, what is the labour force participation rate?Multiple choice question.6%167%1.67%60%