What does labor force mean?

Definitions for labor force
la·bor force

This dictionary definitions page includes all the possible meanings, example usage and translations of the word labor force.

Princeton's WordNet

  1. labor force, labor poolnoun

    the source of trained people from which workers can be hired

Wiktionary

  1. labor forcenoun

    The collective group of people who are available for employment, i.e. including both the employed and the unemployed.

Wikipedia

  1. labor force

    The workforce or labour force is a concept referring to the pool of human beings either in employment or in unemployment. It is generally used to describe those working for a single company or industry, but can also apply to a geographic region like a city, state, or country. Within a company, its value can be labelled as its "Workforce in Place". The workforce of a country includes both the employed and the unemployed (labour force).

ChatGPT

  1. labor force

    The labor force refers to the sum of all individuals who are currently employed or actively seeking employment within a certain population or geographical area. These individuals, aged typically above 15 or 16, are capable of working and are either already engaged in productive activities (employed) or are willing and looking for such work (unemployed). It doesn't include individuals who are retired, pursuing education, incapacitated, or choosing not to seek work.

Wikidata

  1. Labor force

    In the United States, the unemployment rate is estimated by a household survey called the Current Population Survey, conducted monthly by the federal Bureau of Labor Statistics. The unemployment rate is calculated by dividing the number of unemployed persons by the size of the workforce and multiplying that number by 100, where an unemployed person is defined as a person not currently employed but actively seeking work. The size of the workforce is defined as those employed plus those unemployed. The labor force participation rate is the ratio between the labor force and the overall size of their cohort. In the West during the later half of the 20th century, the labor force participation rate increased significantly, largely due to the increasing number of women entering the workplace. In the United States, there were three significant stages of women’s increased participation in the labor force. During the late 19th century through the 1920s, very few women worked. Working women were often young single women who typically withdrew from labor force at marriage unless their family needed two incomes. These women worked primarily in the textile manufacturing industry or as domestic workers. This profession empowered women and allowed them to earn a living wage. At times, they were a financial help to their families. Between 1930 and 1950, female labor force participation increased primarily due to the increased demand for office workers, women participating in the high school movement, and electrification which reduced the time spent on household chores. In the 1950s to the 1970s, most women were secondary earners working mainly as secretaries, teachers, nurses, and librarians. Claudia Goldin and others, specifically point out that by the mid-1970s there was a period of revolution of women in the labor force brought on by different factors. Women more accurately planned for their future in the work force, choosing more applicable majors in college that prepared them to enter and compete in the labor market. In the United States, the labor force participation rate rose from approximately 59% in 1948 to 66% in 2005, with participation among women rising from 32% to 59% and participation among men declining from 87% to 73%.

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Numerology

  1. Chaldean Numerology

    The numerical value of labor force in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of labor force in Pythagorean Numerology is: 5

Examples of labor force in a Sentence

  1. Richard Lapchick:

    I genuinely believe that the NBA, with Adam Silver as its current leader, is in this for the right reasons and has the support of the largest integrated labor force in America in terms of percentage of the population, they're also very wealthy, so they can use their resources — and this is new — to invest in social justice campaigns in their communities.

  2. Isfar Munir:

    So far, there has been little evidence that enhanced benefits were significantly holding back workers from re-entering the labor force, employment has grown similarly in states that ended the benefits early and those that ended them later.

  3. Sung Won Sohn:

    Up until now we have had people rejoining the labor force, which allowed businesses to hire people, especially at the unskilled and semi-skilled level, there are signs that well could be running dry.

  4. San Francisco:

    In order to put this episode of high inflation behind us, further policy tightening, maintained for a longer time, will likely be necessary, absent a substantial pickup in the share of working-age adults looking to be employed or a large change in immigration flows, labor force participation will continue to decline and worker shortages will persist, pushing up wages and ultimately prices, at least in the near and medium term.

  5. Rick Ryan:

    He's aware of the decline in the labor force in America, not just in Indiana or Des Moines or anywhere else, jobs are going overseas. We need a find to way to bring that back.

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"labor force." Definitions.net. STANDS4 LLC, 2024. Web. 22 Apr. 2024. <https://www.definitions.net/definition/labor+force>.

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