Studied by 2 people
labor force participation rate
The ________ rose from 60 % in 1970 to 67.5 % in 1990 and has been largely stable since then.
unemployment rate
The ________ is the most commonly publicized indicator of the country's economic condition.
labor force
The ________ is made up of adult citizens who are either working or searching for jobs.
productive capacity
The ________ of any economy is influenced by the proportion of adults in the labor force, which is measured as the labor force participation rate.
labor force participation rate
The ________ is thus equal to the ________ divided by the adult population, or 65 percent (154.7 million /237.3 million)
unemployment rate
percentage of people in the labor force who are out of work
labor force participation rate
The ________ rose from 60 % in 1970 to 67.5 % in 1990 and has been largely stable since then.
Disgruntled workers
effectively fallen out of the labor field and are therefore not listed as jobless
Discouraged workers
those who drop out of the labor force in frustration because they can’t find work
Note 
Flashcard (46)