Employment Rate Calculator
Employment Rate Calculator
Component | Description |
---|---|
Number of Employed Individuals | The total number of people who are employed. |
Working Age Population | The total number of people within the working age range. |
Employment Rate | The percentage of the working age population that is employed. |
Formula | Employment Rate = (Number of Employed Individuals / Working Age Population) × 100 |
Purpose | Used to measure the proportion of the working age population that is employed. |