The labor-force participation rate is the percentage of the:
A) adult population that is employed.
B) adult population that is in the labor force.
C) labor force that is employed.
D) labor force that is unemployed.

Question

Quizplus · Accepted Answer

The labor-force participation rate is the percentage of the adult population that is in the labor force, which includes those who are employed and those who are unemployed but actively seeking work. Option A is incorrect because it only considers those who are employed, while option C and D focus on the labor force rather than the overall population.

The Labor-Force Participation Rate Is the Percentage of The