Economics

Unemployment is measured using _____.


ANSWER

all of the above


SOLUTION

  • Usual Person's Status (UPS): Usual person status measure estimates the number of persons who may be said to be chronically unemployed.
  • Current Weekly Status (CWS): The reference period here is a week. According to this estimates a person in said to be employed for the week even if he is employed only for a day during that week.
  • Current Daily Status (CDS): The reference period here is a day. It counts every half-day's activity status of the respondent over the week.

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Single Correct Medium Published on 16th 09, 2020
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