The labor force in an economy consists of all:
A)the people in the economy who are not retired.
B)the people in the economy over 16 years of age.
C)the adults in the economy between 18 and 65 years old who are able to work.
D)the civilian noninstitutional adult population that is either working or looking for work.
E)the noninstitutional adult population who are graduates of high school.

Question

Quizplus · Accepted Answer

The labor force in an economy consists of the civilian noninstitutional adult population that is either working or looking for work. This definition excludes those who are retired, under 16 years of age, over 65 years of age, and those who are not actively seeking employment. Graduating high school is not a determinant for being in the labor force.

The Labor Force in an Economy Consists of All