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How do you compute the labor force participation rate?

Kellan Prince December 11, 2023
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1 People Answered

By Duke Bond December 26, 2023

To determine the labor force participation rate, you can find it by dividing the labor force by the working age population. For instance, if the labor force consists of 7,000 individuals and the working age population is 10,000, the labor force participation rate would be 70%.

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How do you compute the labor force participation rate?
How do you compute the labor force participation rate?