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Katzenbach and Smith found that small work teams of ten members or fewer are more likely to be effective than larger work teams.
U-4 Unemployment Rate
A measurement of the labor force that includes the total unemployed, plus discouraged workers who have stopped looking for employment.
Labor Force Participation Rate
The percentage of the population ages 16 and over that is working or actively seeking work.
Adult Population
A demographic group consisting of individuals who have reached the age where they are legally recognized as adults, important for analyses related to labor, voting, and consumption.
Labor Force Participation Rate
The percentage of the working-age population that is working or actively looking for work, indicating the level of active engagement in the labor market.
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