Civilian labor force
The labor force participation rate is calculated by dividing the number of people in the labor force by the total working-age population and multiplying by 100. The labor force includes those who are employed or actively seeking employment.
10.714285714 million
IT allowed people to have different jobs
No, retirees are counted by the Bureau of Labor Statistics as "out of the labor force."
The labor force is consider as the number of people working. The labor force includes people who are working and those unemployed.
Civilian labor force
44.71 million out of 111.21 million Mexicans form part of the labor force (40.2%).
The labor force participation rate is calculated by dividing the number of people in the labor force by the total working-age population and multiplying by 100. The labor force includes those who are employed or actively seeking employment.
You can calculate the labor force by calculating how many people are working, retired and underage. You then use this figure to subtract from the total number of people in the nation.
If you mean employment rate, then it is employment/labor force. the participation rate is the labor force/non-institutionalized population over 16, I believe. A participation rate generally implies that what the data is explaining is overall how many people are working out of an entire population. Labor force participation rate= (number of people in the labor force) divided by total adult population note adult population in the work force is considered to start at age 15 number of people in the work force is the sum of unemployed and employed adults
The labor force consists of adults over 16 years of age who are either employed (full-time or part-time) or unemployed. The labor force does not include those people who are not in the labor force (ex: student, stay at home mom)
force labor
No, labor force only refers to people who are in fact working.
10.714285714 million
50.64 million (2012 est.)
IT allowed people to have different jobs