Employment rate

(redirected from Employment Rates)

Employment rate

The percentage of the labor force that is employed. The employment rate is one of the economic indicators that economists examine to help understand the state of the economy. See also: Unemployment rate.

Employment Rate

The number of persons who have jobs, expressed as a percentage of the total workforce. The employment rate is not used as commonly as the unemployment rate but it is still an important indicator of the state of the wider economy. It is a lagging indicator; that is, following a recession, the employment rate tends not to grow to any significant extent until the remainder of the economy has recovered. This is because of the high risk and expense of creating jobs.
References in periodicals archive ?
The number of people employed continues to increase overall, with employment rates increasing for all population groups, including notably for older and young workers.
The provinces with the highest employment rates last year were Ardahan, Bartyn, Burdur, Iy-dyr and Kars.
Only East Dunbartonshire, East Lothian and North Lanarkshire - out of 32 local authority areas in Scotland - have higher employment rates than in 2008.
He acknowledged that employment rates would continue to fluctuate and stressed that he was not promising to abolish the ups and downs of the economic cycle.
With employment rates in Wales increasing by three times the UK average, the figures also show that youth unemployment is falling faster in Wales than the UK, economic inactivity is now close to a record low, and Wales has seen the biggest increase in private sector employment over the past 12 months.
First Minister Carwyn Jones said: "With employment rates in Wales increasing by three times the UK average, today's figures also show that youth unemployment is falling faster in Wales than the UK, economic inactivity is now close to a record low, and Wales has seen the biggest increase in private sector employment over the past 12 months.
Black, Asian and Hispanic teens had lower employment rates than white teens, the report found.
Individuals who experienced a serious intensity of bullying face lower employment rates and lower hourly wages, he said.
In addition, employment rates in the Eurocurrency area of Europe are still falling and are lower than the OECD average, as a whole.
Employment rates are still "well below" levels before the recession battered businesses across the UK, according to an independent think-tank.
Graduates typically have higher employment rates than nongraduates.
GDP per capita levels vary among industrialised countries, and at the same time we observe huge variations in employment rates, working time, and qualifications of the working-age population.

Full browser ?