Question

______ refers to the number of persons actually working and does not account for those who are willing to work.

Options

• Labour Force

• Work force

• Both

• None of the above

Answer 1

Workforce refers to the number of persons actually working and does not account for those who are willing to work.

Explanation:

1. It refers to the number of people who are really working, not those who are willing to work.
2. It is a measure of the current labour force. Unemployment is the difference between a workforce and a labour force. Unemployment = Labour Force − Work Force