Economic activity rate
Encyclopedia
Economic activity rate is the percentage
Percentage
In mathematics, a percentage is a way of expressing a number as a fraction of 100 . It is often denoted using the percent sign, “%”, or the abbreviation “pct”. For example, 45% is equal to 45/100, or 0.45.Percentages are used to express how large/small one quantity is, relative to another quantity...

 of the population, both employed and unemployed, who constitutes the manpower
Manpower
Manpower may refer to:*Human resourcesOrganizations:*Manpower Inc., an international employment agency, headquartered in the United States*Manpower Incorporated, a criminal enterprise in the Honor Harrington science fiction series...

 supply
Supply and demand
Supply and demand is an economic model of price determination in a market. It concludes that in a competitive market, the unit price for a particular good will vary until it settles at a point where the quantity demanded by consumers will equal the quantity supplied by producers , resulting in an...

 of the labor market regardless of their current labor status.

This figure is a measure of the degree of success of the economy
Economy
An economy consists of the economic system of a country or other area; the labor, capital and land resources; and the manufacturing, trade, distribution, and consumption of goods and services of that area...

 in engaging the population in some form of production
Production, costs, and pricing
The following outline is provided as an overview of and topical guide to industrial organization:Industrial organization – describes the behavior of firms in the marketplace with regard to production, pricing, employment and other decisions...

activity.

It is an indicator that also reflects demographic trends.
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