Participation Rate m/m

Indicator History

History of Event Dates
Event Date Time For
Period		 Currency Actual Forecast
What is this indicator?

The Participation Rate m/m is an economic indicator that measures the percentage of the working-age population (typically defined as individuals aged 16 and over) who are employed or actively seeking employment. It is calculated by dividing the number of people in the labor force (i.e., employed or seeking employment) by the total working-age population.


Why is it important?

The Participation Rate m/m is an important indicator of the health of the labor market and the overall economy. A high Participation Rate m/m indicates that a large percentage of the population is actively engaged in the labor force, which can contribute to economic growth and increased consumer spending. On the other hand, a low Participation Rate m/m may suggest a lack of job opportunities or discouraged workers who have stopped looking for work, which can have a negative impact on the economy. Furthermore, changes in the Participation Rate m/m can also impact other economic indicators, such as the Unemployment Rate and Gross Domestic Product (GDP). For instance, if the Participation Rate m/m increases, it may put upward pressure on the Unemployment Rate as more people enter the labor force and start looking for work. This, in turn, could impact GDP growth as more people are contributing to the economy.

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