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Employed Person
An employed person is an individual of working age who, during a specified reference period, performed any work at all for pay or profit, or worked without pay in a family business. This category includes full-time, part-time, and temporary employment, as well as self-employment.
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Economics
Economy
The Economy 2.0 Microeconomics @ CORE Econ
CORE Econ
Social Science
Empirical Science
Science
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Participation Rate
Unemployment Rate
Employed Person
Unemployed Person
Consider the following descriptions of four working-age individuals:
- A chef who works 40 hours a week at a restaurant.
- A recent college graduate who is not employed but has been applying for jobs every week.
- A retired individual who volunteers at a local library but is not seeking paid work.
- A full-time student who is not looking for a job.
Which of these individuals are considered part of the labour force?
Labour Force Calculation
Impact of Worker Behavior on Labour Force Size
All individuals of working age who are not currently employed are considered part of the labour force.
Labour Force Membership as a Prerequisite for Employment Status