Question

2. 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

Answer 1

i) Labor force includes employed and unemployed individuals of the nation . Hence, At the time of calculating labor force , employed and unemployed people will added and labor force can be known

Solution

Employed = 13.5 million

Unemployed = 0.7 million

Labor force in Australia= Employed + unemployed

==13.5 +0.7

= 14.2 million

Hence.labor force in Australia is 14.2 million.

ii) People who are not in labor force- By deducting the total labor force from the population of nation , it can be calculated.

Solution

In Australia

total labor force = 14.2million

population of nation=20.8 million

People not in labor force= Population of nation- Total labor force

= 20.8-14.2

People not in labor force= 6.6