Labor Force

Posted in Human Resource Terms, Total Reads: 869
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Definition: Labor Force

The labor force for any country comprises everyone of working age (typically above a government stated age) and below retirement (government stated age).

The necessary condition is that they should be ‘participating workers’ (i.e. people actively employed or seeking employment.) Those who are excluded of this list is also governed by government policies.

 

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Browse definitions and meaning of more concepts and terms similar to Labor Force. The Management Dictionary covers definitions and overview of over 7000 business concepts from 6 categories.



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