Labor Force


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Labor Force

The portion of a population available for work. For example, if there are 10,000 people in a town including 2,000 children and 3,000 retirees and chronically ill persons, the labor force is the remaining 5,000. The labor force may or may not include unemployed persons who do not wish to work. The unemployment rate is determined by calculating the unemployed persons in the labor force, not the general population.
References in periodicals archive ?
The increases in the labor force and employment will return to the trend levels that were seen before the crisis and the persisting low growth regime will accelerate the increase in unemployment.
First, I simply summarize the data on labor force participation and provide some background on why this variable has suffered in relative obscurity until now.
Also, the results showed that individuals who had secondary certificates or its equivalent representing the highest percentage of the Saudi labor force by 33,2 %, followed by obtaining a bachelor 's degree by 31,9 % and males holding secondary certificates or the equivalent, the highest ratio among Saudi labor force of males, reaching 38,3 %, while the ratio among females focused on those holding bachelor's degree by 67.
The labor force grows or shrinks by population growth in the working age population, or by changes in labor force participation (those of working age who choose to be in the labor market or not).
As in previous years, the labor force is projected to grow more slowly than the number of jobs, but this does not indicate a labor shortage.
How does the yearly average labor force participation rate from research question 1 change over the four-year time period from 2009 to 2012?
Each of these projections shows that the current labor force participation rate is well below the trend rate predicted from these official agency models, and it is likely the case that cyclical factors continue to play an important role in explaining the gap.
The Housewives As the Biggest Group in Inactive Labor Force in Turkey: Women are less integrated in to the economic activities.
GAO found the following: (1) The extent of CPS underrepresentation of unauthorized residents is unknown, but experts GAO consulted told us that the CPS data might not represent approximately 10 to 15 percent of unauthorized residents; (2) Little information is available about the labor force status of unauthorized residents, but experts GAO consulted suggested that their approximate unemployment rate in March 2008 may have been 6.
The labor force participation rate (LFPR) measures the percent of the population willing to supply their labor.
The labor force consists of all members in a specified region who are either employed or unemployed and actively seeking work.
In Yugoslavia, however, the system failed to produce enough jobs to fully employ Yugoslavs because the socialist worker-managers viewed new additions to the labor force as "profit" poachers who would cut into their share of the "profit" pie.