Labour force participation rates for calculates the proportion of adults who are either working or actively looking for a job.
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What are
labour force participation rates?</h3><h3 />
The rate of labour force participation is calculated by dividing the labour force by the total number of people who are working-age. The working age population ranges in age from 15 to 64.
This statistic is broken down by age and expressed as a percentage of each age group. The participation rate is the proportion of the population that is either employed or actively looking for work.
Thus, calculates the proportion of adults who are either working or actively looking for a job.
For more details about labour force participation rates, click here:
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