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 statistic that measures the proportion of a country's working-age population that is employed.
Answer
(Number of Employed ÷ Civilian Noninstitutional Population) x 100
The employment-to-population ratio is calculated as (Number of Employed ÷ Civilian Noninstitutional Population) x 100
Answer for screen readers
The employment-to-population ratio is calculated as (Number of Employed ÷ Civilian Noninstitutional Population) x 100
More Information
The employment-to-population ratio provides insight into the ability of an economy to create jobs and can be a good indicator of economic health.
Tips
Common mistakes include using the total population instead of the civilian noninstitutional population, or forgetting to multiply by 100 to convert the ratio to a percentage.
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
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