Question

What is unemployment rate? How is it measured in India?​

Answer 1

Answer:

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The unemployment rate is the share of the labor force that is jobless, expressed as a percentage. It is a lagging indicator, meaning that it generally rises or falls in the wake of changing economic conditions, rather than anticipating them.

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the unemployment rate in the United States is obtained by dividing the number of unemployed persons by the number of persons in the labor force (employed or unemployed) and multiplying that figure by 100. ... The category of unemployed persons also includes those who have been temporarily laid off.

Answer 2

Answer:

The unemployment rate is the share of the labor force that is jobless, expressed as a percentage. It is a lagging indicator, meaning that it generally rises or falls in the wake of changing economic conditions, rather than anticipating them.

Explanation:

The current unemployment rate of india is 10.2%.