Name an economic impact of this ratio for Canada in 2060.
Ratio = more people working than people working or not working.
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Explanation:
KEY TAKEAWAYS
1. The employment-to-population ratio is a measure of the number of people employed against the total working-age population.
2. Seasonal variations and short-term labor fluctuations do not affect the employment-to-population ratio.
3. Unlike the unemployment rate, the employment-to-population ratio includes unemployed people not looking for jobs.
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