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Employment rate

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Definition

The employment rate of a class of individuals is the ratio of the number of individuals in the class who have a job to the total number of individuals in the class. It can be calculated for the whole population of a country, but is usually restricted to the population of working age (generally defined, for the purposes of international comparison, as persons of between 15 and 64 years of age), or to a sub-category of the population of working age (women aged 25 to 29 years, for example).