Question

______ approach to measuring unemployment uses seven days preceding the date of the survey as the reference period.

Options

• Usual Principal Status

• Usual Principal and Subsidiary Status

• Current Weekly Status

• All of the above

Answer 1

The current Weekly Status approach to measuring unemployment uses seven days preceding the date of the survey as the reference period.

Explanation:

Unemployment is measured using the Current Weekly Status (CWS) method. The reference period is seven days prior to the survey date. If a person engages in any one or more of the gainful activities for at least one hour on any day of the reference week, he or she is regarded to be employed. Unemployed people, on the other hand, are those who do not engage in any gainful activity but are looking for or available for work.