A labour force consists of the number of people age 15 and over who are employed (that is, those currently have jobs) and unemployed (that is, those who do not have jobs but who are actively looking for work).
(Treasury Board of Canada Secretariat)
Simply put, the labour force is defined as all adult individuals in an economy who are either working or actively seeking work.
Individuals who do not fall into either of these groups – such as retired people and discouraged workers – are not included in calculating the number of people in the labour force.
Labour force data is among the most timely and important measure of performance of the Canadian economy. This information can help to plan for current and future workforce.
A monthly Labour Force Survey (LFS) conducted across the 10 provinces in Canada by Statistics Canada of approximately 48,800 households to determine whether people above 14 years of age are working, not working, actively looking for work or no longer actively looking for work, i.e., not in the labour force.
The National Graduate Survey (NGS) is a frequent survey of post-secondary school graduates conducted by Statistics Canada in which certain questions are asked of graduates two and five years after graduation that link education and training with current labour market status.