mention atleast 3 differences between work force and labour force
Dear Student,
The following points highlight the difference between Labour force and Workforce.
In case of any doubts, do get back to us.
The following points highlight the difference between Labour force and Workforce.
Labour force | Workforce |
It refers to the number of individuals actually working and willing to work. | It refers to the number of individuals actually working. |
It includes unemployed individuals who are willing to work. | It does not include unemployed individuals willing to work. |
It is a measure of potential workforce. | It is a measure of actual workforce. |
In case of any doubts, do get back to us.