The employment rate informs us about a nation’s job market state. A higher employment rate means that there is a considerable number of individuals who can work and gain profits for themselves and the nation. An employment rate below 50% may indicate that there are not enough jobs in the country or that the unemployment percentage is unusually high, thus demonstrating a need to change policies or look into the various issues affecting hiring.
Stay up-to-date with all things Akrivia HCM
By subscribing, you agree to our terms and conditions.