Problem Of Unemployment In India — Formula Sheet
ICSE · Class 11 · Economics
3 formulas from Problem Of Unemployment In India (ICSE Class 11 Economics) on one page, grouped by topic. Part of the ICSE Class 11 Economics syllabus.
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Formulas and Key Relations
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
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