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:
“There’s something about Marxism that brings out warts—the only kind of growth this economic system encourages.”
—P.J. (Patrick Jake)
“To play is nothing but the imitative substitution of a pleasurable, superfluous and voluntary action for a serious, necessary, imperative and difficult one. At the cradle of play as well as of artistic activity there stood leisure, tedium entailed by increased spiritual mobility, a horror vacui, the need of letting forms no longer imprisoned move freely, of filling empty time with sequences of notes, empty space with sequences of form.”
—Max J. Friedländer (1867–1958)
“Whoever thinks his friend more important than his country, I rate him nowhere.”
—Sophocles (497–406/5 B.C.)