Enter the total number of employed workers, number of unemployed workers, and the working age non-institutionalized population.
Labor Force Participation Rate Formula
The following formula can be used to calculate the labor force participation rate of a given country or area.
LFPR (%) = LF / P *100\
- Where the LFPR is the labor force participation rate
- LF is the total labor force = total employed + unemployed
- P is the working age able population
Labor Force Participation Rate Definition
The labor force participation rate, or LFPR for short, is a measure of the percentage of a given population is participating in labor. In other words, it’s another way of say the employed percentage of working age “able” population including those looking for work. This can be applied to a country or smaller area. The working population should only include individuals that are capable of work.
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