Participation rate, Microeconomics

Participation Rate:Proportion of working-age individuals who decide to ‘participate' in the labour force, by either being employed or actively seeking work. Precise definition of what constitutes "actively seeking work" differs from one country to another, and this can affect measurements of the unemployment andlabour force.

Posted Date: 8/26/2013 3:58:34 AM | Location : United States

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