Economic activity rate, EAR (or
labor force participation rate, LFPR), is the
percentage
In mathematics, a percentage (from la, per centum, "by a hundred") is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign, "%", although the abbreviations "pct.", "pct" and sometimes "pc" are also ...
of the population, both
employed and
unemployed
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) not being in paid employment or self-employment but currently available for work during the refer ...
, that constitutes the
workforce
The workforce or labour force is a concept referring to the pool of human beings either in employment or in unemployment. It is generally used to describe those working for a single company or industry, but can also apply to a geographic regio ...
, regardless of whether they are currently employed or
job searching
Job hunting, job seeking, or job searching is the act of looking for employment, due to unemployment, underemployment, discontent with a current position, or a desire for a better position. The immediate goal of job seeking is usually to obtain ...
.
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, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with t ...
in engaging the population in some form of production of services or goods.
References
Workforce
Rates
es:Población activa#Tasa de actividad
fr:Population active#Taux d'activité
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