The phrase "a prevailing status" is correct and usable in written English.
It can be used to describe a dominant or widespread condition or situation that is currently in effect.
Example: "The prevailing status of the economy has led to increased unemployment rates across the country."
Alternatives: "a dominant condition" or "a current situation".
Also, he feels temporary H1-B visa holders shouldn't see their prevailing status as "a holding pattern for a green card".
Migration Linkages, a BSR initiative to help business better protect international migrant workers, is part of an effort to change the prevailing status quo and increase understanding, practical action, and put a human face on the issues faced by migrant workers.
Islam became in Iraq, as in many Arab countries, a politicized opposition to the prevailing status quo of the dictator.
Given the prevailing status of neo-liberalism as a contextual feature of his account, and the relationship this bears to welfare chauvinism, I think more needs to be said here.
Feminist critics point out that this theoretical orientation generally has the consequence of justifying the prevailing status quo, thereby inhibiting any real consideration of social change.
The prevailing status quo tends to be penny wise and many pounds foolish.
It defines populism as "a doctrine that appeals to the interests and conception (such as hopes and fears) of the general population, especially any new collective consciousness push against the prevailing status quo interests of any predominant sector".
As with the TSR, the group primarily based their forecast numbers on the prevailing status of the El Niño-Southern Oscillation.
SK provided clinical knowledge of breast cancer and prevailing status of breast cancer awareness among allied health professionals.
Wind is a prevailing weather condition: gusts of storming rage.
