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Which of the following statements is true about the Current Daily Status (CDS) method for estimating unemployment?

  1. The CDS method considers the activity status of a person for each day of the seven days preceding the date of survey.
  2. Under CDS, a person who works for two hours or more during a day is considered employed for the whole day.
  3. The CDS method provides the lowest estimates of unemployment among the three measures.

    Aഇവയൊന്നുമല്ല

    Bരണ്ട്

    Cഒന്ന് മാത്രം

    Dഒന്നും മൂന്നും

    Answer:

    C. ഒന്ന് മാത്രം

    Read Explanation:

    • The Current Daily Status (CDS) method offers the most comprehensive and detailed measure of unemployment and underemployment.

    • By examining the activity status of individuals on a day-to-day basis over a week, it captures even partial unemployment.

    • If a person works for four hours or more during a day, they are considered employed for the full day; if they work for less than four hours, they are considered employed for half a day.

    • This granular approach allows for the estimation of person-days of unemployment, providing insights into the severity of unemployment and underemployment, and typically yields the highest estimates of unemployment due to its sensitivity to short-duration non-work periods.


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