wiz-icon
MyQuestionIcon
MyQuestionIcon
6
You visited us 6 times! Enjoying our articles? Unlock Full Access!
Question

The difference between the total labour force and the working labour force is ______.

A
youth employment
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
unemployment
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
disguised unemployment
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
educated unemployment
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A unemployment

The labour force is defined simply as the people who are willing and able to work. The size of the labour force is used to determine the unemployment rate. The percentage of the unemployed in the labour force is called the unemployment rate. Unemployment Rate = (Number of Unemployed / Labour Force) * 100.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Comparative Financial Statement
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon