Question

Diff BTW workforce and labor force

Answer 1

Labour Force
Work force
It refers to the number of persons actually working or willing to work. It is not related to wage rate.
It refers to the number of persons actually working and does not account for those who are willing to work.
Because it is measured in terms of the number of persons (not in terms of person-days), size of labour force increases or decreases only when the number of persons actually working or willing to work increases or decreases.
It is a measurement of actual labour force.

Answer 2

Answer:

The workforce or labour force is the labour pool either in employment or unemployed. It is generally used to describe those working for a single company or industry, but can also apply to a geographic region like a city, state, or country. Within a company, its value can be labelled as its "Workforce in Place".