Labor Force Participation Rate - Economic Data
Description
Returns the labor force participation rate, which is the percentage of the active workforce in an economy. It is calculated by dividing the sum of all employed workers and those actively seeking employment by the total noninstitutionalized civilian working-age population.
Syntax
LaborForceParticipationRate()
Examples
=LaborForceParticipationRate(6)
=LaborForceParticipationRate("2022-01-15","2022-10-15")
=LaborForceParticipationRate("status")
=LaborForceParticipationRate()
=LaborForceParticipationRate("2022-01-15")
=LaborForceParticipationRate("lp")
=LaborForceParticipationRate("lp-2")
=LaborForceParticipationRate("lp-10")
Historical Data Available: No