Employment rate

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 employment rate for women in the UK is now 69 per cent - the third highest of the G7 countries behind, Germany and Canada, but above the USA, Japan, France and Italy.
In the Republic of Macedonia, despite being highest, the employment rate of those having attained tertiary education increased by 1.
The report projects that nationwide the teen summer employment rate will be 29.
And the employment rate for working age graduates is at its highest level in seven years.
Over the past decade, Americans under age 30 have experienced the largest employment rate declines of any age group.
The male employment rate was stable over the 2001 to 2008 period at about 76% but fell sharply over the next three years to 62.
THE UK's employment rate might not return to pre-recession levels for another five years, and far longer in some parts of the country, the TUC warned today.
5) The contribution of an education group to the employment rate is therefore different from the employment rate of this education group (that is the ratio between the number of employed in the education group and the number of working-age individuals in this group).
Simsek noted that although the rate of participation in labor force increased, employment rate also increased.
Part of the reason for the higher female employment rate in the UAE is the higher employment in service industries like finance and business services, which are easier for women to find employment in.
The employment rate of older people (aged 55 - 64) reached 45.
7 per cent, and Scotland and the East Midlands, where the employment rate has fallen 2.

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