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 economist's 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." 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. 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.
Read more about Employment Rate: Background, Key Definitions, Use, Employment-to-population Ratio in The World
Other articles related to "rates, employment rate, employment, rate, employment rates":
... During the late Eighties and Nineties, poverty rates in Israel fluctuated (according to one estimate) from 12.8% in 1989 to 18% in 1994, before falling ... Furthermore, of the 40 towns in Israel with the highest unemployment rates, 36 were Arab towns ... The total employment rate for Arabs is 68% of the employment rate for Jews ...
... Employment-to-population ratios are typically higher for men than for women ... Employment-to-population ratio in OECD countries Persons aged 15-64 years (percentages) Country 2012 ... Australia 66.0 69.0 69.4 70.0 70.3 71.6 72.4 65.1 ...
... The unemployment rate for December 2007 was 2.7%, for a total of 74,900 persons, a reduction by 112,800 persons—2,400 per month—or 60% since ... the situation on the labour market is the employment rate, that is the percentage of people aged 15 to 64 in employment out of the total number of people aged 15 to 64 ... The employment rate for Denmark in 2007 was 77.1% according to Eurostat ...
... Somali-born migrants have the lowest employment rate among all immigrants in the UK ... Figures published by the Office for National Statistics show high rates of economic inactivity and unemployment amongst Somali immigrants ... Employment rates were 40.1 percent for men and 9.6 percent for women ...
... 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) ... Employment data for the European Union countries can be retrieved from Eurostat ... Due to different methods for calculating the unemployment rate, the employment rate can be used as a supplemental method of comparison ...
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“Writing a book I have found to be like building a house. A man forms a plan, and collects materials. He thinks he has enough to raise a large and stately edifice; but after he has arranged, compacted and polished, his work turns out to be a very small performance. The authour however like the builder, knows how much labour his work has cost him; and therefore estimates it at a higher rate than other people think it deserves,”
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