Economic activity rate, EAR (or
labor force participation rate, LFPR), is the
percentage
In mathematics, a percentage () is a number or ratio expressed as a fraction (mathematics), fraction of 100. It is often Denotation, denoted using the ''percent sign'' (%), although the abbreviations ''pct.'', ''pct'', and sometimes ''pc'' are ...
of the population, both
employed and
unemployed
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is the proportion of people above a specified age (usually 15) not being in paid employment or self-employment but currently available for Work (hu ...
, that constitutes the
workforce
In macroeconomics, the workforce or labour force is the sum of people either working (i.e., the employed) or looking for work (i.e., the unemployed):
\text = \text + \text
Those neither working in the marketplace nor looking for work are out ...
, regardless of whether they are currently employed or
job searching.
Economic activity of residents - Facts and Figures
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This figure is a measure of the degree of success of the economy
An economy is an area of the Production (economics), production, Distribution (economics), distribution and trade, as well as Consumption (economics), consumption of Goods (economics), goods and Service (economics), services. In general, it is ...
in engaging the population in some form of production of services or goods.
References
Workforce
Macroeconomic indicators
Rates
es:Población activa#Tasa de actividad
fr:Population active#Taux d'activité
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