LABOUR FORCE PARTICIPATION RATE


Meaning of LABOUR FORCE PARTICIPATION RATE in English

The labour force as a proportion of the total working age population. The working age population is normally defined as the population aged between 15 and 64 years of age. The labour force comprises both employed and unemployed persons.

European Central Bank English Glossary.      Английский глоссарий Европейского Центрального Банка.