The labour force participation rates is calculated as the labour force divided by the total working-age population. The working age population refers to people aged 15 to 64. This indicator is broken down by age group and it is measured as a percentage of each age group.
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Labour force participation rate
The labour force participation rates is calculated as the labour force divided by the total working-age population. The working age population refers to people aged 15 to 64. This indicator is broken down by age group and it is measured as a percentage of each age group.
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Related Questions
Q110:
To calculate the labor-force participation rate,you only need to know the: A) number of employed and unemployed. B) number of employed and the relevant adult population. C) unemployment rate. D) number of employed and unemployed and the relevant adult population. E) number of employed and the labor force.
Q111:
Labor-force participation rates among teenagers are: A) very low. B) very high. C) similar to labor-force participation rates among adults. D) higher than the labor-force participation rates among adults. E) not calculated by the Bureau of Labor Statistics.
Q112:
Which of the following statements about the composition of the labor force is correct? A) Since 1948, the percentage of women participating in the labor force has decreased. B) Since 1948, the percentage of women participating in the labor force has increased. C) Since 1948, the percentage of men participating in the labor force has increased. D) Since 1948, the percentage of women participating in the labor force has remained the same. E) Since 1948, the labor-force participation gap between males and females has risen.
Q113:
Holding all else constant,if people who are currently discouraged workers decide to start looking for jobs again,you will see: A) an increase in the unemployment rate. B) a decrease in the unemployment rate. C) no effect on the unemployment rate. D) no effect on the labor-force participation rate. E) a decrease in the labor-force participation rate.
Q114:
If the relevant population is 268 million people and the number of people in the labor force is 148 million,the number of people NOT in the labor force is equal to: A) 268 million. B) 148 million. C) 120 million. D) 316 million. E) 55.2 million.
Q116:
The definition of short-term unemployment is unemployment that lasts _____ weeks or less. A) 28 B) 4 C) 14 D) 10 E) 8
Q117:
If a large group of U.S.workers begins to retire,you can expect: A) an increase in the labor-force participation rate. B) an increase in the labor force. C) a decrease in the labor-force participation rate. D) no effect on the labor-force participation rate. E) no effect on the unemployment rate.
Q118:
Which of the following equations represents the labor-force participation rate? A) (number of unemployed / labor force) × 100 B) unemployed + employed C) (number of employed / labor force) × 100 D) (number of unemployed / relevant population) × 100 E) (labor force / relevant population) × 100
Q119:
Typically during a recession,the percentage of the total unemployed that are classified under short-term unemployment ____________ and the percentage classified as long-term unemployment ____________. A) increases; increases B) increases; decreases C) decreases; decreases D) decreases; increases E) stays the same; increases
Q120:
Which of the following statements about the composition of the labor force is correct? A) Since 1948, the percentage of men participating in the labor force has increased. B) Since 1948, the percentage of women participating in the labor force has decreased. C) Since 1948, the percentage of men participating in the labor force has decreased. D) Since 1948, the percentage of women participating in the labor force has remained the same. E) Since 1948, the labor-force participation gap between males and females has risen.