Question: (a) In this question we are going to use spreadsheet modelling methods to explore the impact of the covid- 19 pandemic on employment in Australia.

(a) In this question we are going to use spreadsheet modelling methods to explore the impact of the covid- 19 pandemic on employment in Australia. Employment data is available each month from July 2019 to August 2020. We have combined this with data on new covid- 19 cases for Australia (we have summed the daily cases to calculate the monthly values). The covid-19 data is available up to September 2020. (i) (ii) Exhibit 12 plots employment in Australia along with new covid-19 cases each month (Note: the two series are plotted on different axes). Comment on the time trends of these two variables and their relationship to each other. We want to estimate how many jobs were lost in Australia during the depths of the covid-19 pandemic. Compare the level of employment in March 2020 with that in May 2020. Report the number of persons who lost their job as well as the proportion of the labour force. Show your calculations. (a) In this question we are going to use spreadsheet modelling methods to explore the impact of the covid- 19 pandemic on employment in Australia. Employment data is available each month from July 2019 to August 2020. We have combined this with data on new covid- 19 cases for Australia (we have summed the daily cases to calculate the monthly values). The covid-19 data is available up to September 2020. (i) (ii) Exhibit 12 plots employment in Australia along with new covid-19 cases each month (Note: the two series are plotted on different axes). Comment on the time trends of these two variables and their relationship to each other. We want to estimate how many jobs were lost in Australia during the depths of the covid-19 pandemic. Compare the level of employment in March 2020 with that in May 2020. Report the number of persons who lost their job as well as the proportion of the labour force. Show your calculations

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