The labor-force participation rate is defined as
A)(Employed ÷ Adult Population) × 100.
B)(Employed ÷ Labor Force) × 100.
C)(Labor Force ÷ Adult Population) × 100.
D)(Adult Population ÷ Labor Force) × 100.

Question

Quizplus · Accepted Answer

The labor-force participation rate measures the percentage of the adult population that is either employed or actively seeking employment. Thus, the labor force (employed plus unemployed individuals actively seeking employment) is divided by the adult population and multiplied by 100 to express the rate as a percentage. The formula for labor-force participation rate is (Labor Force ÷ Adult Population) × 100.

The Labor-Force Participation Rate Is Defined as