Finance

Economic and Project Analysis

Text Size

Glossary of Terms

Illustrative Participation Rate Calculation

Total Population 15 years and over
= 24,284,900

Population 15 years and over
= Labour force + those not in the labour force

Total Labour Force
= Total # of employed + Total # of unemployed
= 14,909,700 + 1,089,600
= 15,999,300

Participation Rate
= Total Labour Force/Total Population 15 years and over
= 15,999,300/24,284,900
= 65.9%


 
Economic and Project Analysis Division, Department of Finance - (709) 729-3255 - infoera@gov.nl.ca

 
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