not to mention that whole premise of "employment-population ratio" is debatable, is high or low number good? look at 2 households,
1. husband works 40 hours a week, makes $100k/year
wife doesn't work
"employment-population ratio" = 50%
2. both work 40 hours a week, making $50k each
"employment-population ratio" = 100%
isn't household 1 better off? and yet their "employment-population ratio" is half of the 2nd one....
|