Civilian Labor Force

Civilian Labor Force
The civilian labor force encompasses all individuals aged 16 or over in the United States who are not in military service or institutionalized and are either employed or unemployed but actively seeking and available for work.
Unemployment Rate
The unemployment rate represents the percentage of the civilian labor force that is actively looking for work but is unable to find jobs. This rate is compiled by the U.S. Department of Labor, in cooperation with labor departments in all states, and is released to the public on the first Friday of every month.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.