What is unemployment rate? How is it measured in India?
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The unemployment rate is the number of unemployed divided by the number in the civilian labor force. Everyone without a job isn't necessarily unemployed, at least according to the Bureau of Labor Statistics.
The most frequent measure of unemployment is the unemployment rate, which is the number of unemployed people divided by the number of people in the labor force.
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Explanation:
The unemployment rate is the number of unemployed divided by the number in the civilian labor force. Everyone without a job isn't necessarily unemployed, at least according to the Bureau of Labor Statistics.
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