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Participation Rate
What does it mean?
A measure of the participating portion of an economy's labor force.
In Other Words...
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 Links
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Related Terms
Cyclical Unemployment | Frictional Unemployment | Natural Unemployment | Structural Unemployment
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A | B |
C | D |
E | F |
G | H |
I | J |
K | L |
M | N |
O | P |
Q | R |
S | T |
U | V |
W | X |
Y | Z
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