2026 · Q12
In the context of labour market of an economy, consider the following statements :
- 1Labour Force Participation Rate is defined as the share of employed and unemployed workers to the total working-age population.
- 2Worker Population Ratio is defined as the share of unemployed workers to the total working-age population.
- 3The usual activity status of a person is determined on the basis of the activities pursued by the person during the specified reference period of the last 365 days preceding the date of survey.
Which of the statements given above is/are correct?
indian-polity-economyeconomy-fundamentals
- A1 only
- B2 only
- C1 and 3 only
- D1, 2 and 3
Explanation
The Labour Force Participation Rate is the share of the working-age population that is either employed or unemployed (i.e., in the labour force) — statement 1 is correct. The Worker Population Ratio measures employed persons, not unemployed persons, as a share of the population — statement 2 is false. The 'usual activity status' in NSSO/PLFS surveys is determined with reference to the 365 days preceding the date of survey — statement 3 is correct. Hence statements 1 and 3 only.