Question: Define and explain the terms, employment rate and labour force participation rate. What is the difference between these terms. What is the recent employment rate

Define and explain the terms, employment rate and labour force participation rate. What is the difference between these terms.

What is the recent employment rate and labour force participation rates (research in Statistics Canada or results from the Labour Force survey)? How do they compare to the beginning or prepandemic? What does this tell us? Expand and explain

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