Zip code 94403 is primarily located in San Mateo County. The official postal service name used for 94403 is SAN MATEO, California. Portions of the 94403 zip code are contained within or border the city limits of San Mateo, CA, Belmont, CA, and Foster City, CA. The 94403 area code is 650.
DEFINITION of 'Participation Rate'. 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.he 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.
According to the U.S. Bureau of Labor Statistics, the labor force participation rate is the share of the population 16 years and older working or seeking work..According to the site, the formula for determining the labor force participation rate is:he labor force participation rate has hovered around 65-67 over the past decade or so. It is currently sitting at 65.5. The rate has increased dramatically over the past 50 years or so due to more women entering the workforce. For comparison's sake, the labor force participation rate was around 58-59 in the late '40s.