Arbetskraftens
Arbetskraftens is the Swedish genitive form of arbetskraften, commonly translated as the labor force or labor power. In economics and policy literature, arbetskraftens denotes the pool of individuals available for work within an economy. The term is used in phrases such as arbetskraftens storlek (the size of the labor force) or arbetskraftens deltagande (the labor force participation).
Definition and scope: The labor force comprises people who are currently employed plus those who are unemployed
Economic relevance: The labor force is a central input in macroeconomic models and a key determinant of
Policy implications: Strategies to influence arbetskraftens size often focus on boosting participation (for example through childcare
See also: labor force participation rate, unemployment, employment, labor market, demographics.