Economic activity rate

Economic activity rate

Economic activity rate is the percentage of the population, both employed and unemployed, who constitutes the manpower supply of the labor market despite their current labor status.

This figure is a measure of the degree of success of the economy in engaging the population in some form of production activity.

Online reference

* [http://www.swo.org.uk/State_of_the_South_West/content.asp?paragraph_order=1600&chapterid=3#prof www.swo.org.uk]


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