Economy, asked by srai6254, 10 months ago

Write the meaning of weekly status unemployment.

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Answered by Anonymous
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The Current Weekly Status (CWS) of a person is the activity status pursued during a reference period of seven days preceding the date of survey. ... A person who is not working even for one hour on any day but found seeking/available for work during the reference week is classified as unemployed.

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Answered by Anonymous
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Answer:

The Current Weekly Status (CWS) approach to measuring unemployment uses seven days preceding the date of survey as the reference period. ... On the other hand, if a person does not pursue any gainful activity, but has been seeking or available for work, the person is considered as unemployed.

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