Examkin

Question

Difficulty: MediumDemographic Trends, Employment Types, and Skill Development Programs

Match the demographic and labor market concepts listed under List-I with their correct definitions listed under List-II.

  • Worker Population Ratio (WPR)Percentage of the total population that is actively employed in economic activities
  • Labour Force Participation Rate (LFPR)Percentage of the working-age population that is either employed or actively seeking employment
  • Dependency RatioRatio of the dependent population (aged under 15 and 65+) to the working-age population (aged 15–64)
  • Skill Gap AssessmentAnalysis identifying missing technical competencies between industry labor demand and workforce capabilities

Answer

Worker Population Ratio (WPR) matches with the percentage of the total population that is actively employed. Labour Force Participation Rate (LFPR) matches with the percentage of the population that is either employed or actively seeking work. Dependency Ratio matches with the ratio of dependent population to the working-age population. Skill Gap Assessment matches with the analysis identifying missing technical competencies between industry demand and workforce capabilities.
Worker Population Ratio reflects the share of total population employed. Labour Force Participation Rate captures both employed and job-seeking unemployed persons. Dependency Ratio evaluates demographic burden by comparing dependent age groups to the working-age cohort. Skill Gap Assessment diagnoses workforce training mismatches relative to market demand.

Step-by-Step Solution

1
Identify the definition of Worker Population Ratio (WPR).
WPR measures the proportion of total population engaged in productive economic employment.
WPR focuses exclusively on those currently employed relative to the overall population.
2
Identify the definition of Labour Force Participation Rate (LFPR).
LFPR measures both employed individuals and those unemployed but actively searching for work.
The labour force includes both employed and unemployed persons within the economic workforce.
3
Determine the definition of Dependency Ratio.
It compares dependents (aged 0–14 and 65+) against the working-age population (aged 15–64).
A lower dependency ratio indicates a favorable demographic dividend.
4
Match Skill Gap Assessment with its primary objective.
It measures mismatch between industry-required skillsets and existing worker competencies.
Skill gap evaluation guides vocational training policy to enhance employability.

Key Concept

Key Demographic and Labor Market Indicators
Rate this question

Topics

Demographic Trends, Employment Types, and Skill Development Programs