Problem Of Unemployment In India
ICSE · Class 11 · Economics
All formulas from Problem Of Unemployment In India in ICSE Class 11 Economics. Key equations, constants, and identities for board exam preparation.
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Formulas
Core Meaning and Counting
Magnitude of Unemployment = Labour force - Workforce
Unemployment Rate = (Number of unemployment persons / Labour force) × 100
Labour Force Participation Rate = ratio of labour force to the total population
Workforce participation rate = ratio of workforce to the total population in the age group of 15-60 years
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