Re: Why the unemployment rate is dropping (1298642) | |||
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Re: Why the unemployment rate is dropping |
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Posted by Dave on Mon Jul 6 18:57:21 2015, in response to Re: Why the unemployment rate is dropping, posted by mtk52983 on Mon Jul 6 18:51:04 2015. No.The labor force participation rate is the percentage of working-age persons in an economy who either are employed or are unemployed but looking for a job. Typically "working-age persons" is defined as people between the ages of 16-64. People in those age groups who are not counted as participating in the labor force are typically students, homemakers, and persons under the age of 64 who are retired. |