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:

    We do not content ourselves with the life we have in ourselves and in our being; we desire to live an imaginary life in the mind of others, and for this purpose we endeavor to shine. We labor unceasingly to adorn and preserve this imaginary existence and neglect the real.
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    When we can drain the Ocean into mill-ponds, and bottle up the Force of Gravity, to be sold by retail, in gas jars; then may we hope to comprehend the infinitudes of man’s soul under formulas of Profit and Loss; and rule over this too, as over a patent engine, by checks, and valves, and balances.
    Thomas Carlyle (1795–1881)