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Labor Force
(redirected from Labor force participation rate)

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
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.


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According to the TUIK's Household Labor Force Survey for August 2009, labor force participation rate was calculated as 49.
Labor market indicators Selected indicators 2007 2008 Employment data Employment status of the civilian noninstitutional population (household survey): (1) Labor force participation rate 66.
Census Bureau data showing that the labor force participation rate of older adults, which declined from 1950 until the middle of the 1980s, has been rising ever since.
 
 
 
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