Labor Force

Also found in: Dictionary, Thesaurus, Legal, Financial, Acronyms, Wikipedia.

Labor Force


the total number of people who are physically capable of adequately participating in social labor. Owing to different socioeconomic conditions, the age limits defining the labor force in a country are in practice bound up with certain traditions and legal norms, that is, qualifications pertaining to, for example, age or education.

The percentage of the total population in the labor force depends on the population’s age structure. While in developing countries less than 50 percent of the population is in the labor force, the figure in developed capitalist countries reaches 65 percent. In worldwide statistics, it is accepted practice to take the years 15 and 64 as the lower and upper age limits. As of 1970, the labor force defined by these limits constituted 58.2 percent of the world population.

The concept of the labor force is close to that of labor resources, but the latter term takes into consideration not only age but also such factors as skills, qualifications, and the number of people in various occupations.


References in periodicals archive ?
As chart 4 shows, Whites' share of the labor force is projected to decline somewhat, while shares of Blacks, Asians, and All other groups are projected to rise slightly over the 2016-26 decade.
While cyclical factors may account for short-run changes in aggregate labor force participation rates, there are underlying structural and demographic changes, including age and composition of the labor force, changes in the propensity to work, and greater investment in human capital, especially years of schooling.
Trends in transitions from employed to not in labor force
Lewis in the dual economic theory pointed out that the existence of a large number of rural surplus labors is the basic characteristics of the traditional agricultural sector in developing countries; industrialization is the essence through the developed city industrial sector relatively high wages, the surplus labor force behind the agricultural sector to attract City Industrial employment (Jabbour, 2014).
But the contributions of the increases in the male and female labor force have been far from equal.
In sum, the bad omen view interprets the recent declines in labor force participation as suggestive of a very weak labor market and discounts the signal coming from recent faster-than-expected declines in unemployment.
The results of the Labor Force Survey showed that nearly two-thirds of the Saudi labor force for June 2013, concentrated on the age group of (20-39 years), a percentage of 65,5 %.
There are several reasons a labor force can shrink or grow slower.
Labor force participation rates vary significantly between men and women and among different age, racial, and ethnic groups.
Not only do working-age individuals with visual impairments lag behind in their participation in the workforce (Zuckerman, 2004), but low vision and blindness-specific labor force participation data are in short supply when compared with the regularly published labor force data pertaining to the general U.
Macedonia is a country with cheap labor force considering the Macedonian minimum wage is lower even than the Chinese.
6 percent of the labor force," said a survey on the Saudi labor force published in the 2012 bulletin of the Central Department of Statistics and Information.