No, labor force only refers to people who are in fact working.
a person who has lost a job but is looking for one
a person who has lost a job but is looking for one
10.714285714 million
They are not counted as part of the labor force unless they enter the labor force. They are considered to be part of the eligible labor force because 16 is the age you can legally be employed because of child labor laws. That is not to say someone under 16 can't work. it just means those under 16 are severly restricted in what they can do such as operate certain types of machinary and such.
No, the unemployed are not included in the labor force. The labor force consists of people who are either employed or actively seeking employment. Unemployed individuals who are not actively seeking employment are typically considered to be outside the labor force.
force labor
a person who lost a job but looking for a new one (by Solomon Zelman)
a person who lost a job but looking for a new one (by Solomon Zelman)
No, retirees are counted by the Bureau of Labor Statistics as "out of the labor force."
false
The labor force is equal to a financial asset.
The Related Link below breaks down the work force by many factors.