To solve this question, let's first understand what the civilian labor force participation rate represents.
The civilian labor force participation rate is a measure that indicates the portion of the population that is engaged in the labor market. It accounts for all individuals who are:
1. 16 years of age and over.
2. Either employed or unemployed but actively seeking work.
Given this information, let's break down the given options:
A. The percentage of the population 16 years of age and over who are employed.
- This option only considers those who are currently employed and disregards those who are unemployed but actively seeking work.
B. The share of the population 16 years of age and over who are either employed or unemployed and looking for a job.
- This option includes both individuals who are employed and those who are unemployed but actively seeking employment, aligning with the definition of the labor force participation rate.
C. The percentage of the employed minus the unemployed who are in the population.
- This statement attempts to subtract the unemployed from the employed, which does not reflect the total active labor market participants.
Therefore, based on the definitions and understanding each option, the correct answer should be:
B. The share of the population 16 years of age and over who are either employed or unemployed and looking for a job.
