Calculate Australia’s unemployment rate in 2021

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%

Suppose a country using the Australian system of unemployment staBsBcs has 300 million people, of whom 200 million are working age. Of these 200 million, 80 million have jobs. Of the remainder, 40 million are acBvely searching for jobs, 40 million would like jobs but are not searching, and 40 million do not want jobs at all. Refer to the informaBon above. The labor par+cipa+on rate is: The unemployment rate is:

In the news,the claim is that the Australian economy is experiencing an expansionary output gap of 4 percent.If the Okun's law coefficient is B=2 and the natural rate of unemployment is 4 percent, what is the unemployment rate? ○6% ◎2% ○-2% ○-1% ○1%

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%

Identify Australia's Gross Domestic Product (GDP) percentage growth for the year ending December 2022?