Is a collective measure for all of the workers who are able and willing to work i.e. sum of the individuals who are either employed or unemployed. This is one of the best measures of the strength of the labour market of a country.
Is a collective measure for all of the workers who are able and willing to work i.e. sum of the individuals who are either employed or unemployed. This is one of the best measures of the strength of the labour market of a country.