Employment-to-Population Ratio

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Definition of 'Employment-to-Population Ratio'

The employment-to-population ratio is a measure of the proportion of the working-age population that is employed. It is calculated by dividing the number of employed people by the total number of people in the working-age population.

The employment-to-population ratio is an important indicator of the health of the economy. A high employment-to-population ratio indicates that the economy is strong and that there are plenty of jobs available. A low employment-to-population ratio indicates that the economy is weak and that there are not enough jobs available.

The employment-to-population ratio can be used to compare the economic performance of different countries or regions. It can also be used to track the economic performance of a country or region over time.

The employment-to-population ratio is not without its limitations. For example, it does not take into account the quality of jobs that are available. It also does not take into account the number of people who are discouraged from looking for work.

Despite these limitations, the employment-to-population ratio is a useful indicator of the health of the economy. It is a measure of the proportion of the working-age population that is employed, and it can be used to compare the economic performance of different countries or regions.

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