MANAGEMENT

Detailed explanation-1: -Work population ratio is also called workforce participation rate. It is defined as the percentage of the total population which is engaged in productive activity.

Detailed explanation-2: -Answer: The worker population ratio is defined as the number of employed people per thousand people. WPR = number of employed people multiplied by 1000/total population The Worker Population Ratio is an indicator used to assess the country’s employment situation.

Detailed explanation-3: -Worker-population ratio = Total number of workers / Total population x 100 This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country.

Detailed explanation-4: -The working-age population in the U.S. is 207, 406, 609 as of December 2022. 61.9% of the U.S. population is of working age as defined by the OECD (15-64), and with a 2022 national population of 334.2 million, we’re left with a working age population of approximately 207.4 million.

Detailed explanation-5: -Worker-Population ratio is defined as the proportion of population that is actively contributing to the production of goods and services. It is measured by the ratio between the country’s workforce and its total population.