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The proportion of workers relative to …

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The proportion of workers relative to non workers in a given population also refer to as _________

Posted by Rishita Aggarwal 4 years, 5 months ago

CBSE > Class 12 > Sociology

1 answers

Meghna Thapar 4 years, 5 months ago

The employment-to-population ratio is equal to the number of persons employed divided by the working-age population and multiplied by 100. The employment-to-population ratio provides information on the ability of an economy to provide employment for those who want to work. Working population refers to the number of people who are willing and eligible to work. Those who are above 15 years of age and willing to work are considered in this bracket. Retirement age differs from one country to another so respective working populations are affected accordingly.

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