Article: Labor force. (forecasts)

The labor force represents the supply of workers available to produce the goods and services in demand. To be a member of the labor force, an individual must be 16 years of age or older, part of the civilian noninstitutional population, and either working or looking for a job.

Several factors affect the size and demographic composition of the labor force. The most important is the size of the civilian noninstitutional population 16 years of age or older, which in turn is primarily affected by birth rates, death rates, and migration. For a given population, the major determinant of the size of the labor force is the proportion of the population that wants to work, that ...

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