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Measurement of Employment and Unemployment

Economics ⇒ Employment and Unemployment

Measurement of Employment and Unemployment starts at 11 and continues till grade 12. QuestionsToday has an evolving set of questions to continuously challenge students so that their knowledge grows in Measurement of Employment and Unemployment. How you perform is determined by your score and the time you take. When you play a quiz, your answers are evaluated in concept instead of actual words and definitions used.
See sample questions for grade 12
A town has a population of 10,000, of which 6,000 are in the labour force. If 5,700 are employed, what is the Labour Force Participation Rate?
A village has 1000 people, of which 600 are in the labour force. Out of these, 540 are employed. Calculate the unemployment rate.
Define the term 'labour force'.
Describe the difference between 'labour force' and 'workforce'.
Describe the process of measuring unemployment using the Usual Status approach.
Explain the concept of 'disguised unemployment' with an example.
Explain the difference between open unemployment and disguised unemployment.
Explain the term 'open unemployment' with an example.
Explain why disguised unemployment is more prevalent in the agricultural sector in India.
Explain why the measurement of unemployment is important for economic planning.
What is the main advantage of the Current Daily Status approach over the Usual Status approach?
What is the main difference between the Current Weekly Status and Current Daily Status approaches?
What is the meaning of 'employment' in economics?
What is the reference period for the Current Daily Status (CDS) approach?