JPSC 2023 · Question 23 of 199

Labour force participation rate is defined as the

Indian Economy

Aratio of unemployed population to work force
Bratio of employed and willing to work to working age populationCorrect
Cratio of employed to unemployed population
Dratio of work force to working age population excluding disguised unemployment

Answer: B. ratio of employed and willing to work to working age population

Explanation

LFPR is the share of the working-age population that is employed or seeking work, i.e. the labour force as a proportion of the working-age population.

Source: JPSC Combined Civil Services (PT) 2023 (Advt 01/2024), GS Paper-I, Booklet Series-B; answers per official model answer key

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