SSC Economics Sample Paper NCERT Sample Paper-6

  • question_answer
    The term 'unemployment rate' refers to:

    A)  Number of unemployed people divided by total population.

    B)  Number of unemployed people divided by labour force.

    C)  Number of unemployed people divided by work force.

    D)  Number of unemployed people divided population under 60 years.

    Correct Answer: B

    Solution :

    [b] Number of unemployed people divided by labour force. The percentage of the total labour force that is unemployed but actively seeking employment and willing to work. Labour force = workforce + unemployed.


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