Problem Of Unemployment In India — Important Questions
ICSE · Class 11 · Economics
65 important questions from Problem Of Unemployment In India for ICSE Class 11 Economics, with answers. Part of the ICSE Class 11 Economics syllabus.
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Important Questions from Problem Of Unemployment In India
Which formula gives the magnitude of unemployment?
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Labour force - Workforce
Magnitude of unemployment is calculated as Labour force minus Workforce.
What is the formula for unemployment rate?
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(Number of unemployment persons / Labour force) × 100
Unemployment rate is the ratio of unemployed persons to labour force multiplied by 100.
What is labour force participation rate?
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Ratio of labour force to total population
Labour force participation rate refers to the ratio of labour force to the total population.
What is workforce participation rate based on?
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Workforce to total population in the age group of 15-60 years
Workforce participation rate is the ratio of workforce to total population in the age group of 15-60 years.
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