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| Definition Of: |
labour force participation rate
The labour force as a proportion of the total working age population. The working age population is normally defined as the population aged between 15 and 64 years of age. The labour force comprises both employed and unemployed persons.
Copyright © 2006, European Central Bank, Frankfurt am Main, Germany. This information may be obtained free of charge through the ECB's website.
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European Central Bank Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 A: Page 1 of 2.
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