Given here is the percent change formula to calculate the relative change. It can be calculated by finding the absolute change and then dividing it by the original amount and multiply by 100 to express in percentage. Relative change is the showing of an absolute change in percentage. This relative change formula helps you to study the labour market and compare the market trends with past periods. You can also compare it with that of a year ago or 5 years ago, etc.
Refer the above relative change formula to do know the absolute change in percentage on your own. Click on the calculator link to navigate to the calculate page and check your inputs and results.