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 given definition perfectly matches with the employment-to-population ratio, which is the percentage of working-age population that is employed. Hence, the correct option is (D). The other options, labor force participation rate refers to the sum of employed and unemployed individuals divided by the working-age population, employment rate refers to the fraction of the total population that is employed, and working-age population ratio is not a commonly used term in labor economics.

The Percentage of People Employed Aged 16 Years and Older