Labor Force


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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.

V. V. POKSHISHEVSKII

References in periodicals archive ?
In total, the labor force exit model yields a z-score of -2.145 for this example worker.
Kathleen Green and Mitra Toossi, "Hispanic labor force, past and projected: Entrants, stayers, and leavers," Career Outlook, U.S.
The huge informal sector exists side by side with formal sector in the country and approximately 72.6 percent non agricultural labor force is earning its livelihood through this sector.
However, these data obscure some important changes in the composition of the labor force, specifically the falling labor force participation rates of men and the concomitant rise in the participation rates of women.
The orderly transfer of rural surplus labor force is a common problem that must be solved in the development of the society.
But the contributions of the increases in the male and female labor force have been far from equal.
Change in Population and Labor Force 2007-2014 Population Labor Force United States 5.7% 1.9% Central AR 7.3% -1.9% Note: Table made from bar graph.
In tandem with this rosy development, however, there has been a substantial decline in labor force participation.
! The survey results also showed that the labor force in the Kingdom amounted to (5,339,66 million) of which males comprising (4,251,024) , representing 79,6 %, while the total number of Saudis employed reached (4,717,127), representing 88,3 % of the labor force, of which (3,989,632) were males representing 84.6 %, while the number of Saudi unemployed amounted to (622,533), representing 11,7 % of the labor force, of which (261,392) were males.
A smaller or slower growing labor force implies slower economic growth because the output of the economy grows when more people are producing, when more capital (equipment and machinery) allows the same number of people to produce more, or when knowledge/technology/skill levels improve and allow greater productivity per worker.
The labor force is the number of people ages 16 or older who are either working or looking for work.
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.S.