Work participation rates

Work participation rates indicate the percentage of the working-age population that is either employed or actively looking for work. It reflects how many people in a country or region are engaged in or seeking employment, offering insight into the labor market's activity level. A higher rate suggests more people are involved in work or job searching, which can signal a healthy economy, while a lower rate might indicate disengagement or economic challenges. This measure helps policymakers understand employment dynamics and plan accordingly.