what is work practicipation rate?
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Definition: Labour force participation rate is defined as the section of working population in the age group of 16-64 in the economy currently employed or seeking employment. ... The participation rate refers to the total number of people or individuals who are currently employed or in search of a job.
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Labour force participation rate is defined as the section of working population in the age group of 16-64 in the economy currently employed or seeking employment. ... The participation rate refers to the total number of people or individuals who are currently employed or in search of a job.
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