Who is in Labor Force?
People who actively participate in the workforce by holding jobs or actively looking for work are considered to be part of the labor force.
1. Employed Individuals: Those who are presently employed and have a job, regardless of the nature of the employment. People who work gain money from their jobs while also contributing to the production of goods and services.
2. Unemployed Individuals: Those who don’t currently have a job but are actively looking for one. People must be actively seeking work and be willing and able to work in order to be classified as unemployed. This covers things like networking, going to job interviews and submitting applications for jobs.