IIQE Paper 5 Investments question: unemployed under the Census and Statistics Department's definition

Answer: C. (ii) and (iv)

Answer: (ii) and (iv). Statements (ii) and (iv) are true; (i) and (iii) are not.(i) False. Formal job attachment is part of the definition of the employed.(ii) True. Seeking work in the 30 days before enumeration is one of the conditions.(iii) False. No 12-month period appears in the definition; the periods are 7 and 30 days.(iv) True. Being available for work in the 7 days before enumeration is one of the conditions.Why not the others:• (i) and (ii): includes (i), which is false, and leaves out (iv), which is true.• (ii) and (iii): includes (iii), which is false, and leaves out (iv), which is true.• (iii) and (iv): includes (iii), which is false, and leaves out (ii), which is true.Watch out: Mixing up the 7-day and 30-day periods, or importing a length-of-unemployment test.Rule: Unemployed (aged 15+): no job and no paid work in the 7 days before enumeration, available for work in those 7 days, and sought work in the 30 days before.Source: IA Investment-linked Long Term Insurance Examination Study Notes, 2024 Edition (7th ed., Nov 2024; for exams from 17 Feb 2025), 2.2.3(g), p. 2/20