Economics · Employment and Unemployment
Which of the following correctly defines how the unemployment rate is calculated in India?
- 1The percentage of employed persons in the population
- 2The percentage of persons in the labour force
- 3The percentage of persons unemployed among the total population
- 4The percentage of persons unemployed among the persons in the labour force✓
Correct answer
The percentage of persons unemployed among the persons in the labour force
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