Final answer:
The statement is false. The labor force population is typically larger than the applicant pool.
Step-by-step explanation:
The statement is false. The applicant pool refers to the group of individuals who have applied or are applying for a specific job or position. The labor force population, on the other hand, includes individuals who are currently employed or actively seeking employment.
It is typically larger than the applicant pool because not everyone who is part of the labor force will apply for the same job or position. Therefore, more individuals make up the labor force population than make up the applicant pool.