The participation rate is the number of people
A) employed and unemployed.
B) employed divided by the labour force.
C) employed divided by the population aged 15 years and older.
D) employed and unemployed divided by the labour force.
E) employed and unemployed divided by the population aged 15 years and older.

Question

Quizplus · Accepted Answer

The participation rate is calculated as the number of employed and unemployed individuals divided by the population aged 15 years and older, reflecting the proportion of the working-age population that is actively engaged in the labor market.

The Participation Rate Is the Number of People