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Labor Force Participation Rate Calculator

LAST UPDATE: June 20th, 2018

Calculator

What is the labor force participation rate?

The labor force participation rate is the percentage of people who are in the labor force (number of employed and unemployed) at a given time out of all people in the population.

Formula

\text{Labor Force Participation Rate} = \frac{\text{Labor Force}}{\text{Working Age Non-Institutionalized Population}}

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