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List and describe the "Seven Major Sources of Physical Loss."
Adults Employed
The portion of the adult population that is currently engaged in formal work, contributing to the labor force and economy.
Adults Unemployed
Individuals of working age who are without a job but available for and seeking employment.
Adults Not in the Labor Force
Individuals above the working age who are neither employed nor actively seeking employment.
Labor-force Participation Rate
The percentage of the working-age population that is either employed or actively seeking employment, indicating the level of active engagement in the labor market.
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