Final answer:
Labor force participation rate and unemployment rate are key indicators in assessing an economy's workforce.
Explanation:
Labor force participation rate is the percentage of adults in an economy who are employed or unemployed and looking for a job. It includes those individuals in the labor force, which consists of the employed and unemployed individuals actively seeking employment. The unemployment rate is the fraction of the labor force actively seeking employment but not employed.
Learn more about Labor force participation rate and unemployment rate here:
https://brainly.com/question/37988219
