20140731

labor force


 
Term of the Day

labor force

1. Number of workers in a firm.
2. Number of individuals in an economy who either are employed or are seekingemployment.
Learn more about this term
Usage Example
A region's unemployment rate is calculated by the total labor force that is jobless but at the same time is trying to find employment.
FacebookFacebookTwitterLinkedIn
 
Featured Article

Finding the Right Co-Founder

If you're considering finding a co-founder to help you start your business, you already know that you're not making an easy decision. People have, after...
Read this article
 
Voice Your Opinion
 
Take us with you! Download the BusinessDictionary app today.