Measurement of Employment and Unemployment
Economics ⇒ Employment and Unemployment
Measurement of Employment and Unemployment starts at 11 and continues till grade 12.
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See sample questions for grade 11
A person worked for 2 days in a week and was unemployed for the remaining 5 days. According to the Current Weekly Status approach, is this person considered employed or unemployed?
A survey finds that out of 2,000 people, 1,200 are employed, 200 are unemployed, and the rest are not in the labour force. What is the Labour Force Participation Rate?
Define 'disguised unemployment'.
Describe the process followed by NSSO to collect data on employment and unemployment.
Describe the term 'underemployment'.
Explain the difference between 'Usual Status' and 'Current Weekly Status' approaches in measuring unemployment.
Explain the significance of the Labour Force Participation Rate in economic analysis.
Explain why measuring unemployment is important for economic planning.
Explain why the Current Daily Status approach is considered more comprehensive than the Usual Status approach.
If the labour force in a village is 1,000 and 100 people are unemployed, what is the unemployment rate?
What is meant by the term 'unemployment rate'?
What is the formula to calculate the unemployment rate?
What is the main difference between open unemployment and disguised unemployment?
What is the main objective of measuring employment and unemployment in an economy?
