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Question
Define Worker Population Ratio. Discuss its usefulness.
Answer in Brief
Solution
Worker Population Ratio: It refers to the fraction of the population that is actively involved in the economic production or value addition process.
Worker Population Ratio = Total worker/ Total population x 100
Usefulness:
- It is useful to know what percentage of each person in the country working.
- It aids in determining the importance of several sectors (primary, secondary, and tertiary) in the growth process.
- It aids in the analysis of social issues such as worker social security, work environment, worker exploitation, and so on.
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Participation of People in Employment
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Work participation rate is:
Female worker participation rate is:
Read the following statements carefully:
Statement 1: The nature of unemployment problem in India is uni-faceted.
Statement 2: Worker-Population ratio is an indicator used for analysing the employment situation in a country.
In light of the given statements, choose the correct alternative from the following:
Identify, which of the following is the correct formula for calculating ‘Worker-Population Ratio’?
