Which of the following correctly define the way the unemployment rate is calculated in India?
The percentage of persons unemployed among the persons in the labour force
The correct answer is The percentage of persons unemployed among the persons in the labour force.
Usual Status (PS+SS): Measures unemployment for those who were unemployed for a relatively longer period during the reference year. Current Weekly Status (CWS): Measures unemployment for those who did not work even for one hour on any day during the reference week but were available for work anytime during the week and were seeking work. Importance: The unemployment rate is a vital indicator for policymakers to assess the health of the labour market and design policies related to employment generation and social welfare.
Similar Questions
The capacity of Vishakhapatnam, one of the oil refinery of Hindustan Petroleum Corporation Ltd, is:
Which of the following states won the best tableau award at the Republic Day parade of 2022?
Which industry in India is its own largest consumer?
What is the name of the evacuation operation conducted by the Government of India to evacuate the Indian citizens amidst the 2022 Russian invasion of Ukraine?
Important Questions from Miscellaneous
Which event is marked as an Intangible Cultural Heritage of Humanity by UNESCO?
Who has been conferred with the rank of the Commander of the Order of the British Empire in 2018?
Who directead the film ‘Bhuvan Shome’?
The book “In my mother’s house” is written by _______
In which state is Vishwa Mitra Ka Tila situated?
