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    Question

    The Periodic Labour Force Survey (PLFS) provides key

    employment indicators such as Labour Force Participation Rate (LFPR). Which of the following best defines LFPR?
    A The percentage of persons employed in the formal sector of the economy Correct Answer Incorrect Answer
    B The percentage of persons in the labour force as a proportion of the total population Correct Answer Incorrect Answer
    C The ratio of employed males to employed females in the workforce Correct Answer Incorrect Answer
    D The total number of workers employed in agriculture and industry Correct Answer Incorrect Answer
    E The proportion of skilled workers in the overall workforce Correct Answer Incorrect Answer

    Solution

    LFPR is defined as the percentage of persons in the labour force (working or seeking work) relative to the total population.

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