Participation Rate
A measure of the participating portion of an economy's labor force. Investopedia Says:
The participation rate is important in determining the number of individuals who are willing to work, are working, or are actively looking for work. Those who have no interest in working are not included in the participation rate. Related Terms:
Cyclical Unemployment
Discouraged Worker
Frictional Unemployment
Full Employment
Natural Unemployment
Structural Unemployment |