Economic activity rate (Ofer Abarbanel online library)

Economic activity rateEAR (or labor force participation rateLFPR), is the percentage of the population, both employed and unemployed, that constitutes the manpower supply of the labor market, regardless of their current labor status.[1]

This figure is a measure of the degree of success of the economy in engaging the population in some form of production

References

  1. ^Economic activity of residents – Facts and Figures

 

Ofer Abarbanel online library