Business, Legal & Accounting Glossary
The total number of people employed or seeking employment in a country or region. also called workforce.
Although China has a large population, many of its citizens are elderly and unable to work, reducing the labor force.
He worked on the labor force for many year before having to retire because of all the wear and tear that happened to his body.
I have been going to college to get my BA in psychology for four years and it is graduation time, so I guess it’s time to join the labor force.
workforce
budget surplus
unemployment rate
civilian unemployment rate
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This glossary post was last updated: 5th November, 2021 | 0 Views.