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Participation Rate

Name: Participation Rate
Creator: TipRanks

The Participation Rate in Canada measures the proportion of the working-age population that is either employed or actively seeking employment. It is a key indicator of labor market health, reflecting the availability of labor and potential economic growth. A rising participation rate can signal confidence in the job market, while a decline may indicate economic challenges or demographic shifts. This metric is closely watched by policymakers and financial markets as it influences monetary policy decisions and economic forecasts.