Employment-to-Population Ratio

AKA: Employment Rate.
- …
Counter-Example(s):
- a Labor Participation Rate.
- a Unemployment Rate.
See: Organization For Economic Co-Operation And Development, Labor Market, International Labour Organization.

References

(Wikipedia, 2014) ⇒ http://en.wikipedia.org/wiki/Employment-to-population_ratio Retrieved:2014-7-27.
- The Organization for Economic Co-operation and Development defines the employment rate as the employment-to-population ratio. The employment-population ratio is many American economists' favorite gauge of the American jobs picture. According to Paul Ashworth, chief North American economist for Capital Economics, "The employment population ratio is the best measure of labor market conditions." ^[1] This is a statistical ratio that measures the proportion of the country's working-age population (ages 15 to 64 in most OECD countries) that is employed. This includes people that have stopped looking for work. ^[2] The International Labour Organization states that a person is considered employed if they have worked at least 1 hour in "gainful" employment in the most recent week.

↑ The other unemployment rate. (2012, October 18). Retrieved December 10, 2012, from CNN: Money website: http://money.cnn.com/2012/10/18/news/economy/other-unemployment-rate/index.html
↑ Employment/Population Ratios for the 50 Largest Metropolitan Statistical Areas: 2008, 2009, and 2010. (2011, September). Retrieved December 10, 2012, from United States Census Bureau website: http://www.census.gov/prod/2011pubs/ acsbr10-09.pdf

(Wikipedia, 2014) ⇒ http://wikipedia.org/wiki/List_of_countries_by_employment_rate Retrieved:2014-7-27.
- This is a list of countries by employment rate (the proportion of working age adults employed, here with working age between 15 and 64 years old). The information is based on data from the OECD as at 2010 and can be expanded as new data (with sources) is found. Employment data for the European Union countries can be retrieved from Eurostat [1].