Labor force participation rate is the percentage of working age population that is part of the labor force. It is a measure of what proportion of a country's population is employed or actively looking for employment.
Define Labor force participation rate. Labor force participation rate synonyms, Labor force participation rate pronunciation, Labor force participation rate translation, English dictionary definition of Labor force participation rate. n. 1. the total num
Definition and Examples of Labor Force Participation Rate The labor force participation rate measures the amount of labor in an economy. Note Labor is one of the factors of production. The other three factors of production are natural resources, capital, and entrepreneurship.1 The LFPR shows ho...
Workforce Data Definitions (BLS): Job Openings: All positions that are unfilled and have available work Unemployed Workers: People who do not have a job, have looked for work in the last four weeks, and are currently available and able to work Labor Force Participation Rate: The percentag...
While it may be tempting to think that a drop in the unemployment rate is a positive sign, the very narrow definition of the officially unemployed is evidence that the interpretation of unemployment rate trends is not unambiguous. One also needs to consider the labor force participati...
Labor force participation rate The labor force as a percent of the civilian noninstitutional population.Labor management dispute A conflict between employees, typically represented by a union, and management or the employer. This general term covers all types of conflicts from a grievance to a strike...
The BLS is responsible for two key inflation indicators: the Consumer Price Index (CPI) and the Producer Price Index (PPI). In addition, the BLS produces national and regional figures on employment, labor force participation, productivity, and wages. ...
If an organization enjoys the participation of any employee covered by the NLRA, it will be deemed a "labor organization" subject to the NLRA.98 The final component of the labor organization definition under the NLRA is whether the group "exists in whole or part for the purposes of dealing ...
Any examinee who initiated the survey was considered a respondent, and response rates were calculated according to the response rate 2 definition from the American Association for Public Opinion Research (eFigure in the Supplement).19 The study population included clinically active US surgical residents...
[34] Focusing in on agriculture, BLS found that the fatality rate was 26.8 deaths/100,000 workers; this number is seven times higher than the average fatality rate of 3.5/100,000 across all industries.[35] A special BLS study of the youth labor force completed in 2000 on the basis of ...