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  • A person who is not gainfully employed is called unemployed.
  • In India the problem of unemployment has become very serious as around 6.6 % of labour force is unemployed.
  • In urban areas, unemployment is mainly industrial and educational in nature and in rural areas, it is seasonal and disguised in nature.
  • Labour force means population, work force + unemployed.
  • Work force refers to that labour force, which is employed.
  • Unemployment rate is the number of persons unemployed per thousand persons in labour force.
  • 11th & 12th FYP aims at creating job opportunities in services and manufacturing units.

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