Why is the labor participation rate important Byreferring to three re...

Why is the â€œlabor participation rateâ€ important? By referring to three real world cases (one being...

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Economics

Why is the â€œlabor participation rateâ€ important? Byreferring to three real world cases (one being the increase inwomenâ€™s participation in the labor force) explain how social andeconomic changes can affect this variable?

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Ans Labour force participation rate is the percentage of civilian noninstituitional population which is working or actively looking for job Labour force participation rate labour force working age population100 It is seen that after ww2 See Answer

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Why is the â€œlabor participation rateâ€ important? By referring to three real world cases (one being...