How to calculate employment to population ratio?
Understand the Problem
The question is asking for the method to calculate the employment to population ratio, which is a measure of the employed segment of the population relative to the total population. The ratio is calculated by dividing the number of employed individuals by the total working-age population and then multiplying by 100 to express it as a percentage.
Answer
(Employed ÷ Civilian Noninstitutional Population) x 100
The final answer is the employment-to-population ratio.
Answer for screen readers
The final answer is the employment-to-population ratio.
More Information
The employment-to-population ratio is a broad measure useful in labor market analysis, reflecting the proportion of the population that is working.
Tips
A common mistake is confusing the civilian noninstitutional population with the labor force, which excludes those not actively seeking work.
Sources
- Employment-to-Population Ratio - Overview, Formula, Global Data - corporatefinanceinstitute.com
- Employment-to-Population Ratio: Definition and What It Measures - investopedia.com
- Employment To Population Ratio (EPR) - What Is It, Formula - wallstreetmojo.com
