Labour force participation

Labour force participation

The measurement which identifies the number of people currently employed and actively looking for work, divided by the total number of working age people within a national population. This is carefully monitored by policy-makers because of the significant effect it can have on the national economy, (such as inflation, housing prices, cost of living).

< Back to Glossary Terms

 

We will always respect your privacy. We will treat your personal details with the utmost care, and will never sell your information to any third parties. If you choose to receive occasional updates and advice on how to grow your business you can unsubscribe at any time. View our Privacy Policy here.