Question

Which of the following accurately describes the scope and characteristics of unemployment measures in India?

1. The Usual Principal Activity Status (UPS) is suitable for identifying individuals who are chronically unemployed or out of the workforce for a major part of the year.
2. The Current Weekly Status (CWS) provides insights into period of seven days fluctuations in employment.
3. The Current Daily Status (CDS) is the most comprehensive measure, capturing both open unemployment and visible underemployment by assessing daily work status.

• A. 3 only
• B. All of these
• C. None of these
• D. 2 only

Answer 1

Answer:

B. All of these

• Each unemployment measure in India serves a specific purpose, offering complementary insights into the labor market. UPS highlights the long-term employment status, essential for understanding structural issues and the composition of the workforce.

• CWS offers a dynamic view of weekly changes, capturing the more transient nature of unemployment and the immediate impact of economic shifts.

• CDS provides the most detailed picture, not only identifying those completely without work on any given day but also those who are visibly underemployed (working fewer hours than they desire or are available for).

• Together, these measures provide a robust framework for analyzing unemployment, guiding policy decisions related to job creation, social security, and skill development programs.