Consider the following statements related to various approaches to measure the employment and unemployment in India:

1. Under the Weekly Status Approach, a person is considered to be employed if he/ she is employed for at least one-hour on any day of the reference week of 7 days.

2. Under the Usual Status Approach, a person is considered as employed if he/she is able to secure employment for at least 6 months in a year.

Which of the statements given above is/are correct?