Which of the following indicates Worker-Population Ratio ?
Total Number of Workers
Population
(a)
(b)
Population
Total Number of Workers
x 100
x 100
Total Number of Workers
Labour Force
(c)
x 100
None of these
(d)
2.
5
Answers
Answered by
0
Explanation:
- The labor force participation rate indicates the percentage of all people of working age who are employed or are actively seeking work.
- Used in conjunction with the unemployment numbers, it offers some perspective into the state of the economy.
- In the U.S. the labor participation rate has held steady around 63% since 2013, but it varies over time based on social, demographic, and economic trends.
Similar questions