In a country with a working-age population of 22 million, 16 million are employed, 2 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The employment-to-population ratio is
A)72.7 percent.
B)65 percent.
C)75.5 percent.
D)57.5 percent.
E)16 percent.

Question

Quizplus · Accepted Answer

The employment-to-population ratio is calculated by dividing the number of employed people by the working-age population and then multiplying by 100. Here, 16 million are employed out of a working-age population of 22 million. (16/22) * 100 = 72.7 percent.

In a Country with a Working-Age Population of 22 Million