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TeachMeFinance.com - explain Labor force labor force --The number of people who have jobs or who are available for work and are actively seeking jobs. The labor force participation rate is the labor force as a percentage of the noninstitutional population age 16 or older. another definition... Labor force -- As measured in the United States, the total number of people employed or looking for work. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.