Examlex
In using the payout-planning method of developing a marketing communications budget, a higher percentage is allocated to marketing communications in the early years of a product when the goal is building market share and high profits.
Not in the Labor Force
Individuals who are neither employed nor actively seeking employment and, therefore, not counted in the labor force.
Retirees
Individuals who have withdrawn from active working life, often due to reaching a certain age or fulfilling occupational requirements.
Labor-force Participation Rate
The percentage of the working-age population that is either employed or actively looking for work.
Total Adult Population
The number of individuals within a specific area or country who are considered legal adults, often used in demographic and economic analyses.
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