Economics · Economy
With reference to the Periodic Labour Force Survey (PLFS), consider the following statements: 1. PLFS uses both 'Usual Status' and 'Current Weekly Status' approaches for measuring employment. 2. The quarterly PLFS bulletins track key labor indicators for urban areas. 3. Under the 'Principal Status' approach, a person is classified based on the activity on which they spent the majority of time during the reference year. 4. PLFS replaced the quinquennial Employment-Unemployment Surveys conducted by the NSSO. Which of the above statements are correct?
- 11, 2 and 3 only
- 22 and 4 only
- 31, 3 and 4 only✓
- 41 and 3 only
Correct answer
1, 3 and 4 only
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