Labor force: meaning, definitions and examples
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labor force
[ ˈleɪbər fɔːrs ]
economics
The labor force refers to the total number of people who are currently employed or actively seeking employment in a country or region. It includes both employed and unemployed individuals who are of working age and are willing and able to work.
Synonyms
work population, workforce, working people
Examples of usage
- The labor force participation rate measures the percentage of the population that is in the labor force.
- Technological advancements have significantly impacted the composition of the labor force.
- Governments often use policies to encourage labor force participation and reduce unemployment rates.
Translations
Translations of the word "labor force" in other languages:
🇵🇹 força de trabalho
🇮🇳 श्रम शक्ति
🇩🇪 Arbeitskraft
🇮🇩 tenaga kerja
🇺🇦 робоча сила
🇵🇱 siła robocza
🇯🇵 労働力
🇫🇷 main-d'œuvre
🇪🇸 fuerza laboral
🇹🇷 iş gücü
🇰🇷 노동력
🇸🇦 قوة العمل
🇨🇿 pracovní síla
🇸🇰 pracovná sila
🇨🇳 劳动力
🇸🇮 delovna sila
🇮🇸 vinnuafl
🇰🇿 жұмыс күші
🇬🇪 შრომის ძალა
🇦🇿 əmək qüvvəsi
🇲🇽 fuerza laboral
Word origin
The concept of the labor force dates back to the industrial revolution when the need for workers in factories and industries increased dramatically. As economies evolved, the labor force became a critical component of economic growth and development. Today, the labor force plays a crucial role in shaping the workforce dynamics of nations around the world.