Paper I · 6 Indian Economy & Planning · 6.5.5 Employment and unemployment
6.5.5.1 Labour force concepts and types of unemployment
The labour force is everyone who is working or looking for work; unemployment is classified by its cause - disguised, seasonal, structural, frictional or cyclical - and each needs a different remedy.
- APPSC Paper I · Paper I
- Advanced level
- 5 min read
- Full course
Key terms
- labour force
- LFPR
- WPR
- unemployment rate
- disguised unemployment
- seasonal
- structural
- frictional
- cyclical
- natural rate
- Phillips curve
- jobless growth
What this note covers
- Core factsFoundation
- ExplainedStandard
- DeeperAdvanced
- Mains writingMains writing
- Common trapsFoundation
- Quick revisionFoundation
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