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Labor Force

Macroeconomics

Labor Force: Components, Why it Matters

Updated on October 17, 2020 · By Ahmad Nasrudin Tag: Labor Force, Unemployment

Labor Force Components Why it Matters

What's it: Labor force refers to the share of the working-age population currently employed and those actively looking for work. The working-age population usually refers to those aged 16 to 64 years. However, in some countries, the definition

Tag: Labor Force, Unemployment

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