How is the 'labour force participation rate' defined?
A)as the working-age population in the labour force
B)as the working-age population that is unemployed
C)as the labour force that is employed
D)as the working-age population that is employed

Question

Quizplus · Accepted Answer

The labour force participation rate is defined as the proportion of the working-age population that is part of the labour force, which is made up of both employed and unemployed individuals who are actively seeking work. Therefore, option A, which defines the labour force as the working-age population, is the correct answer.

How Is the 'Labour Force Participation Rate' Defined