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What Is Economic Active Population?

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There appears to be disagreement when it comes to the terms EAP, labour force, labour force participation rate, labour force absorption rate.

I would define it as follows:

EAP - includes those who are active in the labour market, ie employed and unemployed (according to the strict definition, ie looking for a job). They are working or actively looking for work.

Labour force - those who are employed.

Labour force absorption rate - % of those in the EAP who find jobs in the formal sector.

Labour force participation rate - % employed

Gr 12 economics teacher

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