Definitions:

1. A key economic indicator, often used to assess the employment health of a country's economy, and is closely monitored by governments and economic analysts. NOUN
   • Countries with higher labor force participation rates tend to have a stronger economic growth and productivity.
2. Includes all individuals who are of working age, typically between the ages of 16 and 65, and are available to take a job and are currently working or are actively looking for work. NOUN
   • Policies that support work-life balance and equal opportunities for women and minorities can help increase the size and diversity of the labor force.
3. The source of trained people from which workers can be hired. NOUN
   • We have a large labor force in town.
4. The total number of people who are either employed or actively seeking employment. NOUN
   • The composition of the labor force is constantly evolving due to factors like technological advancements, globalization, and demographic shifts.

Synonyms:

• labor pool
• manpower
• personnel
• pool
• staff
• workforce