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Employment rate

Definition:

The percentage of the labor force that is employed. The employment rate is one of the economic indicators that economists examine to help understand the state of the economy. See also: Unemployment rate.

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Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Coattail investing

A risky trading practice of making trades similar to those of other successful investors, usually institutional investors.

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