Economic activity rate is the percentage of the population, both employed and unemployed, who constitutes the manpower supply of the labor market regardless of 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.
It is an indicator that also reflects demographic trends.
Famous quotes containing the words economic, activity and/or rate:
“The reality is that zero defects in products plus zero pollution plus zero risk on the job is equivalent to maximum growth of government plus zero economic growth plus runaway inflation.”
—Dixie Lee Ray (b. 1924)
“Every time a child organizes and completes a chore, spends some time alone without feeling lonely, loses herself in play for an hour, or refuses to go along with her peers in some activity she feels is wrong, she will be building meaning and a sense of worth for herself and harmony in her family.”
—Barbara Coloroso (20th century)
“If you could choose your parents,... we would rather have a mother who felt a sense of guilt—at any rate who felt responsible, and felt that if things went wrong it was probably her fault—we’d rather have that than a mother who immediately turned to an outside thing to explain everything, and said it was due to the thunderstorm last night or some quite outside phenomenon and didn’t take responsibility for anything.”
—D.W. Winnicott (20th century)