AP PSYCHOLOGY

Detailed explanation-1: -The labor force includes all people age 16 and older who are classified as either employed and unemployed, as defined below. Conceptually, the labor force level is the number of people who are either working or actively looking for work.

Detailed explanation-2: -Who is in the Labor Force? Persons “in the labor force” are those in the civilian noninstitutional population, age sixteen years or older, who are employed or who are unemployed and seeking employment.

Detailed explanation-3: -Definition and Examples of Labor First is by skill level; the most basic is unskilled labor that does not require training. 1 Though it’s usually manual labor, such as farmworkers, it can also be service work, such as custodial staff. The next type is semi-skilled labor, which may require some education or training.

Detailed explanation-4: -The working-age population is commonly defined as persons aged 15 years and older, but this varies from country to country.

Detailed explanation-5: -The labor force participation rate is the percentage of the civilian noninstitutional population 16 years and older that is working or actively looking for work. It is an important labor market measure because it represents the relative amount of labor resources available for the production of goods and services.