Which of the following is an indicator used for analyzing the employment situation of a country? |
GDP-employment ratio Population-Employment ratio Worker-population ratio Worker-GDP ratio |
Worker-population ratio |
Worker-population ratio is an indicator which is used for analyzing the employment situation in the country. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country. If the ratio is higher, it means that the engagement of people is greater; if the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activities. |