Problem of Unemployment in India — Formula Sheet
ICSE · Class 9 · Economics
3 formulas from Problem of Unemployment in India (ICSE Class 9 Economics) on one page, grouped by topic. Covers Measures and Policies to Reduce.
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Formulas and Key Relations
1. Meaning of Unemployment
Magnitude of Unemployment = Labour force – Workforce
Unemployment Rate = (Number of unemployment persons / Labour force) × 100
Unemployment Rate = Number of unemployed people / Labour force (including employed and unemployed)
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