Social Sciences, asked by jagoe9lam5ar, 1 year ago

Distinguish between labour force and work force

CBSE Class IX Social Science SA (3 Marks)

Answers

Answered by ikrakhadim
23
Labour force of a country includes all those persons in the age group of 15-60, who are actually working or willing to work. Workforce, on the other hand, consists of persons who are actually engaged in some kind of work and excludes those who are willing to work but do not find work. Thus, the difference between the two (i.e., labour force and workforce) is the number of persons unemployed
Answered by eswarvts
6

Labour Force and Work Force

Labour Force refers to the number of persons actually working or willing to work. However, workforce refers to the number of persons actually working. Thus, workforce does not account for those who are willing to work. The difference between labour force and workforce is the total number of unemployed persons.

Number of Persons unemployed = Labour Force – Workforce

Workforce does not takes into account the wage rates. On the other hand, labour supply refers to supply of labour corresponding to different wage rates.

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