Labor Force Calculator

LAST UPDATE: September 24th, 2020


Definition – What is the labor force?

The labor force is the total number of people who are both employed and unemployed. Unemployed people include people who are actively looking for work. It does not include people who are too young, retired, or not actively looking for work.

Formula – How to calculate the labor force

Labor Force = Number of Employed + Number of Unemployed


An economy has 400,000 employed and 100,000 unemployed.

Labor Force = 400,000 + 100,000 = 500,000

Therefore, this economy has a labor force of 500,000 people.

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