labor force participation rate
Labor force participation rate refers to the percentage of the working-age population that is either employed or actively seeking employment, indicating the proportion of people in an economy who are either working or looking for work.
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Related Concepts (2)
Similar Concepts
- labor efficiency
- labor force participation
- labor market
- labor market analysis
- labor market dynamics
- labor market flexibility
- labor market policies
- labor market research
- unemployment rates
- workforce development
- workforce engagement
- workforce participation
- workforce participation rates
- workforce productivity
- youth participation