labour force

labour force
The number of people available for work. This is affected by many factors. The population of working age is affected by the school-leaving age and the size of the further and higher education system, which keeps down the number of young workers, and the retirement age and pension system, which keeps down the number of older workers. Among the population of working age, the participation rate is affected by the social security system, which determines how much income is available without working, and how easy it is to qualify for it. Health standards affect the proportion of the population which is disabled, and family structure affects how many people stay out of the labour market to care for children and the elderly. The availability of child-care facilities affects how many parents are available for part-time work, and the availability of part-time jobs affects how many people can work at all. Past [The entire page is 204 words long]

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