what is the difference between labour force and work force??
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Labour force refers to the number of persons usually employed or willing to be employed. ... Those, who are actually engaged constitute the workforce. The difference between the labour force and the workforce is the unemployed labour force. Thus, workforce constitutes the employed labour force.
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Explanation:
Labour force refers to the number of persons usually employed or willing to be employed. ... Those, who are actually engaged constitute the workforce. The difference between the labour force and the workforce is the unemployed labour force. Thus, workforce constitutes the employed labour force
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