Question

The number of people unemployed equals ______.

Options

• Labour force minus the number of people employed

• Labour force plus the number of people employed

• The number of people employed minus the labour force

• None of these

Answer 1

The number of people unemployed equals labour force minus the number of people employed.

Explanation:

The labour force includes all persons employed and those willing to work (unemployed), so subtracting the employed from the total labour force gives the unemployed count. Children below 15 and elderly above 60 are excluded from the labour force. Thus, unemployed persons are those able and willing to work but not currently employed at the prevailing wage rate.