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 million

Employed population: 12.9 million

Unemployed population: 0.7 million

Then ___________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 ____________________

Question

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 million

Employed population: 12.9 million

Unemployed population: 0.7 million

Then ___________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 ____________________

BlackTom AI · Accepted Answer

We start by extracting the given data and computing the missing figures step by step.
First, determine the number of people not in the labor force: Working age population minus (employed + unemployed) = 20.6 million − (12.9 million + 0.7 million) = 20.6 − 13.6 = 7.0 million. This represents those not actively employed or seeking work.
Next, calculate the unemployment rate. The unemployment rate is (unemployed) ÷ (labor force), where labor force = employed + unemployed = 12.9 + 0.7 = 13.6 million. So unemployment rate = 0.7 ÷ 13.6 ≈ 0.05147, which rounds to 5.1%.
Then, compute the labour force participation rate. This is (labor force) ÷ (working age population) = 13.6 ÷ 20.6 ≈ 0.6602, which is about 66% when expressed as a percentage.
Now examine each option:
Option A: 7.7; 5.5%; 65% — The not-in-labor-force figure is incorrect here since we calculated 7.0 million, not 7.7; the unemployment rate and participation rate also diverge from the computed values, making this option inaccurate overall.
Option B: 7.0; 5.1%; 66% — All three figures match the calculations above: 7.0 million not in the labor force, unemployment rate ≈ 5.1%, and participation rate ≈ 66%. This aligns with the data and standard definitions.
Option C: 12.2; 5.0%; 64% — Not-in-labor-force of 12.2 million is far too high given the numbers, and the unemployment rate of 5.0% and participation of 64% do not fit the computed values, so this is incorrect.
Option D: 13.6; 5.2%; 63% — 13.6 million would equal the entire labor force, which is inconsistent since we know the labor force is 13.6 million and not all of it is not employed; the unemployment rate and participation rate also do not match the calculations, so this is inaccurate.
In summary, the only set of figures that coherently arises from the provided data and standard formulas is 7.0 million not in the labor force, a 5.1% unemployment rate, and a 66% labor force participation rate, corresponding to Option B.

ECON10003_2025_SM1 Pre-Tutorial Quiz 2

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