Consider the following statistics for a small economy in 2008, shown in the table below. What is the employment-to-population ratio?
|
2008 |
|
|
Working-Age Population |
210 |
|
Employed |
103 |
|
Unemployed |
23 |
The employment-to-population ratio is 49.05%
(Employment-to-population ratio = (Employed/Working-Age Population)*100 = (103/210)*100 = 49.05%)
Consider the following statistics for a small economy in 2008, shown in the table below. What...