Question: The following data was extracted from a past labour force survey conducted by the ABS: Labour force: 12,092,000 Employment: 11,457,000 Working-age population: 18,462,000 Using the

The following data was extracted from a past labour force survey conducted by the ABS:

Labour force: 12,092,000

Employment: 11,457,000

Working-age population: 18,462,000

Using the above data appropriately calculate the following: (3 marks each; total 6 marks)

i. Unemployment rate.

ii. Labour force participation rate.

iii. Employment-to-population ratio.

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