The percentage of people employed aged 16 years and older divided by the working- age population is known as the

Question

Quizplus · Accepted Answer

The employment-to-population ratio is defined as the percentage of people employed among the working-age population. It is different from the labor force participation rate in that it does not include people who are unemployed and actively seeking employment. Choice A is incorrect because the labor force participation rate includes people who are both employed and unemployed. Choice C is incorrect because there is no such thing as a working-age population ratio. Choice D is incorrect because the employment rate is too vague and could refer to either the employment-to-population ratio or the percentage of the labor force that is employed.

The Percentage of People Employed Aged 16 Years and Older