Examlex
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Labor-Force Participation
The proportion of individuals within the working-age group who are either in employment or seeking employment actively.
Prime Working Age
Typically refers to the age group of individuals considered to be in their most productive years, often defined as ages 25 to 54 in economic studies.
Unemployment Rates
The percentage of the labor force that is jobless and actively seeking employment, serving as a key indicator of economic health.
Prime Working Age
Individuals who are in the age group considered to be in their most productive years, typically between 25 and 54 years old.
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