The labour force participation rate is
A) the proportion of people 15 years old and over who are in the labour force.
B) the ratio of employed workers to unemployed workers.
C) the percentage of employed workers in the labour force.
D) the percentage of employed workers 15 years old and over who are in the labour force.

Question

Quizplus · Accepted Answer

The labour force participation rate is defined as the proportion of people 15 years old and over who are in the labour force, which includes both employed and unemployed individuals who are actively seeking work. Therefore, option A is the correct choice. Option B is incorrect because it refers only to the ratio of employed and unemployed individuals, not the total labour force. Option C is incorrect because it only addresses employed workers within the labour force, not the overall participation rate. Option D is also incorrect because it only considers employed workers rather than the total labour force.

The Labour Force Participation Rate Is