labour force statistics

Labour force statistics measure the size and characteristics of a country’s working-age population that are either employed or actively seeking work. These data include the unemployment rate, which shows the percentage of people without jobs but looking for work, and the employment rate, indicating how many are working. These statistics help understand the health of the economy, labour market trends, and the effectiveness of job creation efforts, providing insight into how many people are working, want to work, or have left the workforce altogether.