Labor Force

Labor Force

Normally, the labor force of a country (or other geographic entity) consists of everyone of working age (typically above a certain age (around 14 to 16) and below retirement (around 65) who are participating workers, that is people actively employed or seeking employment. People not counted include students, retired people, stay-at-home parents, people in prisons or similar institutions, people employed in jobs or professions with unreported income, as well as discouraged workers who cannot find work.

Read more about Labor Force:  Labor Force in The United States, Formal and Informal Labor, Agricultural and Non-agricultural Labor, Paid and Unpaid Labor

Famous quotes containing the words labor and/or force:

    Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.
    Abraham Lincoln (1809–1865)

    Much is the force of heaven-bred poesy.
    William Shakespeare (1564–1616)