Let's start with the unemployment rate, which measures the percentage of people who want a job but...can't find one. The flip side of that figure is the employment rate: the percentage of the population that currently does have a job. Or two or three.
One way to track that stat is the employment-to-population ratio. It measures the number of employed people compared to the total number of people in the population.
So...if your country has 350 million people, and 200 million have jobs, the employment-to-population ratio would be 350 million to 200 million = 57%.
One note: the unemployment rate measures the number of people looking for a job who can't find one. It doesn't include someone who's retired, or a trust-fund jet setter (you might not be technically employed, but you're not actually "unemployed," at least according to the unemployment rate definition).
So while the employment-to-population ratio measures overall employment in a population, you can't just add up the figure with the unemployment rate to get 100%. There's a ton of people not employed...but not actively looking for work...that needs to get counted as well.
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Finance: What is Debt Per Capita?0 Views
finance a la shmoop what is debt per capita well pretty much all countries
have debt say for maybe Singapore and Saudi Arabia and Dubai where the cops [cops walking towards fancy car]
drive Maseratis or whatever and that's only a maybe you know it depends on what
oil does that we so most countries have debt and also um capita otherwise
cleverly known as people or citizens or taxpayers so a given country might have
a lot of debt but a lot of people as well think you know us the u.s. we have [bags full of money and a crowd of people]
some 20 trillion dollars in debt and some 300 million people maybe going on
four hundred million if we don't figure out that wall thing so our debt per [wall being built]
capita is 20 trillion divided by our population Colin yeah about 400 million
and you get a whole bunch of there is about 50 grand in debt per capita or
person well Montenegro has some 10 billion
dollars in debt but the country has only 600 thousand people so it's per capita
debt is around 16 and a half thousand bucks but they don't produce all that
much other than Montenegrins where they're the world's largest producer so [money bags falling on girl with Monte Negro in the background]
that's kind of a lot of debt then there's Greece sort of the allstar
of perennial e bankrupt countries with 350 billion dollars in debt and only 11
million people to pay it off in a debt per capita of a whopping 32 grand which
is enormous considering how small the country's production levels are right in
the u.s. we produce a whole lot of goods for a whole lot of money and a very [map of USA covered in cars, computers and money]
strong dollar relative to everything else in the world so we can handle a lot [body builder with a dollar for a head walks over to a guy with a globe for a head]
more debt per person right well key idea the total debt of a given country
doesn't mean a lot on its own it has to be given relativity by being evaluated
on a per person or per capita basis or even on a Productivity basis I eat [people working in a sweat shop]
countries with hugely profitable industries like oil had they wanted [world map showing oil rigs]
would have easily been able to take on a lot of debt and pay it back and you know
not end up going Greek [guy in a toga walk onto screen]
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