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Supply Factors: Australian Labour Force

The participation rate is calculated by the Australian Bureau of Statistics, and the resulting figures are made available through the Reserve Bank of Australia website.  You should be aware of these statistics, both as a factor affecting aggregate supply and as a measure of Australia's labour force.

Year Participation
Rate (%)
2004 63.4
2005 64.4
2006 64.6
2007 64.9
2008 65.2
2009 65.2

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