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:
“A different world can be created or re-created—but not until we stop enshrining the economic values of invisible labor, infinite and obsessive growth, and a slow environmental suicide.”
—Gloria Steinem (b. 1934)
“Moderation is the feebleness and sloth of the soul, whereas ambition is the warmth and activity of it.”
—François, Duc De La Rochefoucauld (1613–1680)
“At the rate science proceeds, rockets and missiles will one day seem like buffalo—slow, endangered grazers in the black pasture of outer space.”
—Bernard Cooper (b. 1936)