How to calculate employment-population ratio?
Understand the Problem
The question is asking for the method to calculate the employment-population ratio, which is a key labor market statistic. This ratio is typically computed by dividing the number of employed individuals by the total adult population and then multiplying by 100 to get a percentage.
Answer
(Employed ÷ Civilian Noninstitutional Population) x 100
The employment-population ratio is calculated as (Employed ÷ Civilian Noninstitutional Population) x 100.
Answer for screen readers
The employment-population ratio is calculated as (Employed ÷ Civilian Noninstitutional Population) x 100.
More Information
The employment-population ratio is a broad measure of labor market conditions, providing insight into the percentage of the population that is currently employed.
Tips
A common mistake is confusing the employment-population ratio with the labor force participation rate. The key difference is that the labor force participation rate includes those actively seeking employment while the employment-population ratio does not.
Sources
- Employment-to-Population Ratio: Definition and What It Measures - investopedia.com
- Employment-to-Population Ratio - Overview, Formula, Global Data - corporatefinanceinstitute.com
- Employment To Population Ratio (EPR) - What Is It, Formula - wallstreetmojo.com
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