The labour-force participation rate shows the percentage of
A)people not working,but who want to work.
B)people who are not actively participating in meaningful economic activity.
C)new entrants into the labour force.
D)non-institutionalized working-age people who are actually working or seeking employment.

Question

Quizplus · Accepted Answer

The labour-force participation rate represents the percentage of non-institutionalized working-age people who are either employed or seeking employment. This means that those who are not actively participating in meaningful economic activity or who are new entrants into the labour force are not included in this rate. Therefore, Option D is the best choice.

The Labour-Force Participation Rate Shows the Percentage of