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Terms Beginning with E
       
       
 

Employment population ratio

Economy Term


The employment population ratio is a measure of the percentage of the working-age population (aged 16 years and older) who are employed. It is calculated by dividing the number of employed persons by the total working-age population and multiplying that figure by 100.

The employment population ratio is an important economic indicator because it gives insight into the health of the labor market and the overall economy. A higher employment population ratio indicates a larger percentage of people are employed and therefore contributing to the economy through earnings and spending. Conversely, a lower ratio indicates a weaker labor market and potential economic challenges.

The employment population ratio is used by policymakers, economists, and analysts to track changes in the labor market and assess the overall health of the economy. It can also be used to compare employment levels across different demographic groups, such as gender, age, race, and education level. Additionally, it can be used to identify trends in labor force participation rates, which can be affected by factors such as retirement, disability, and educational pursuits.

Overall, the employment population ratio is a key tool for understanding the state of the labor market and its impact on the broader economy.




   
     

Employment population ratio

Economy Term


The employment population ratio is a measure of the percentage of the working-age population (aged 16 years and older) who are employed. It is calculated by dividing the number of employed persons by the total working-age population and multiplying that figure by 100.

The employment population ratio is an important economic indicator because it gives insight into the health of the labor market and the overall economy. A higher employment population ratio indicates a larger percentage of people are employed and therefore contributing to the economy through earnings and spending. Conversely, a lower ratio indicates a weaker labor market and potential economic challenges.

The employment population ratio is used by policymakers, economists, and analysts to track changes in the labor market and assess the overall health of the economy. It can also be used to compare employment levels across different demographic groups, such as gender, age, race, and education level. Additionally, it can be used to identify trends in labor force participation rates, which can be affected by factors such as retirement, disability, and educational pursuits.

Overall, the employment population ratio is a key tool for understanding the state of the labor market and its impact on the broader economy.




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