Economics · Employment and Labour Market
What is generally meant by the term 'labour force' in macroeconomic statistics?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A demographic cohort eligible to work but choosing to refrain from actively seeking employment.
- 2The combined total of all individuals who are currently employed and those who are actively seeking work.✓
- 3The entire legal population of a country, including infants, students, and retired individuals.
- 4The total number of structurally and frictionally unemployed citizens in a country.
Correct answer
The combined total of all individuals who are currently employed and those who are actively seeking work.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Employment and Labour Market MCQs →Want more practice questions on Employment and Labour Market?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Employment and Labour Market