Coaldale Unemployment


The Unemployment Rate in Coaldale is 6.6%. This accounts for non-institutional persons 15 years or older who are seeking employment. The Participation rate in Coaldale is 61.7%. The participation rate is a measure of the active portion of an economy's labor force. The participation rate refers to the number of people who are either employed or are actively looking for work. The number of people who are no longer actively searching for work would not be included in the participation rate. During an economic recession, many workers often get discouraged and stop looking for employment, as a result, the participation rate decreases. The Employment rate in Coaldale is 66%. The employment rate represents the number of employed persons expressed as a percentage of the population aged 15 years and over.

StatisticPercentage
Participation rate49.14 %
Employment rate45.94 %
Unemployment rate4.91 %
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