What is the definition of Participation rate? | Dictionary.net

PARTICIPATION RATE

\pɑːtˈɪsɪpˈe͡ɪʃən ɹˈe͡ɪt], \pɑːtˈɪsɪpˈe‍ɪʃən ɹˈe‍ɪt], \p_ɑː_t_ˈɪ_s_ɪ_p_ˈeɪ_ʃ_ə_n ɹ_ˈeɪ_t]\

Definitions of PARTICIPATION RATE

1910 - Black's Law Dictionary (2nd edition)

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When we talk about the labor market, the rate of participation is the number of people who are currently looking to gain legal employment. It is only calculated with individuals who are above the employment age, which is 15 +.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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