lf: Labor Force

Variable

Capital sector

Labor Force [Person]

lf = ( p2  +  p3 )* lfpf
../_images/lf.png

lf in the updating graph: ( how to read )

In nodes

lfpf : labor force participation fraction

p2 : Population 15 To 44

p3 : Population 45 To 64

Out nodes

luf : labor utilization fraction