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Consider the following statements. The unemployment rate is the percentage of unemployed workers in the total labour force. The labour force includes only those people who are employed. The labour force participation rate (LPR) is a measure of the proportion of a country’s working-age population that is actively engaged in the labour market.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements. The unemployment rate is the percentage of unemployed workers in the total labour force. The labour force includes only those people who are employed. The labour force participation rate (LPR) is a measure of the proportion of a country’s working-age population that is actively engaged in the labour market.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements. The unemployment rate is the percentage of unemployed workers in the total labour force. The labour force includes only those people who are employed. The labour force participation rate (LPR) is a measure of the proportion of a country’s working-age population that is actively engaged in the labour market.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer?.

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