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Definition
The labour force participation rate is the proportion of the population aged 15 and above (referring to working age population) that engages actively in the labour market, either by working or looking for work. In other words it is the labour force (employed persons + unemployed persons) divided by working age population. It provides an indication of the relative size of the supply of labour available to engage in the production of goods and services.

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Related Variables

Employees, Female Labour productivity (Constant 2010 US dollar) Employment-to-population ratio, both sexes Employment sex ratio, non-agricultural employment

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