WHAT IT IS
The employment rate is the percentage of working-age people who have a job.
WHY IT MATTERS
It complements unemployment by showing how many people are actually working.
EXAMPLE
A 60% employment rate means 60% of adults have paid work.
WHAT IT IS
The employment rate is the percentage of working-age people who have a job.
WHY IT MATTERS
It complements unemployment by showing how many people are actually working.
EXAMPLE
A 60% employment rate means 60% of adults have paid work.