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The Labor Force Participation Rate, Explained | St. Louis Fed
The Bureau of Labor Statistics (BLS), a federal agency that measures labor market activity, working conditions, price changes and productivity, defines the labor force participation (LFP) rate as the number of people who are either working or actively seeking work as a share of the working age population.
LABOR FORCE Definition & Meaning | Dictionary.com
noun. workforce. (in the United States) the body of people who are at least 16 years old and are either employed or available for employment. Discover More. Word History and Origins. Origin of labor force 1. First recorded in 1880–85. Discover More. Example Sentences.
Labor force Definition & Meaning - Merriam-Webster
labor force. noun. Synonyms of labor force. : workforce. Synonyms. force. help. manpower. personnel. pool. staff. workforce. See all Synonyms & Antonyms in Thesaurus. Examples of labor force in a Sentence. the corporation has a labor force of nearly 100,000 people.
Labor Force: Definition, How It Affects the Economy - The Balance
The U.S. labor force is facing more competitive labor from other countries that can pay its workers less. Countries like China and India have a lower standard of living. It's the main reason why American jobs are being outsourced.
Civilian labor force participation rate - U.S. Bureau of Labor Statistics
Civilian labor force participation rate, seasonally adjusted; Month Total Men, 20 years and older Women, 20 years and older 16 to 19 years old White Black or African American Asian Hispanic or Latino; Mar 2004. 66.0: 75.8: 60.5: 42.8: 66.3: 64.1: 66.0: 68.9: Apr 2004. 65.9: 75.5: 60.4: 43.8: 66.3: 63.5: 66.2: 68.5: May 2004. 66.0: 75.6: 60.4 ...
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