The employment- to- population ratio is defined as 100 times

Question

Quizplus · Accepted Answer

The employment-to-population ratio measures the proportion of a country's working-age population (typically aged 15-64) who are employed. It is calculated by dividing the total number of employed people by the total working-age population and multiplying by 100. Therefore, option B is the correct answer. Option A is incorrect because it divides total employment by labor hours, which doesn't account for the total working-age population. Option C is incorrect because it divides the labor force (those who are employed or actively seeking employment) by the working-age population, which also excludes those who are not seeking employment. Option D is incorrect because it divides total employment by the labor force, which doesn't account for those not in the labor force.

The Employment- To- Population Ratio Is Defined as 100 Times