Considerations regarding measurement of unemployment rates

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The U.S employment outlook points to unemployment at the natural rate of unemployment of 4.7% in 2016, 2017, and 2018.

Explain to your non-economist friends what this means, including considerations regarding the measurement of unemployment rates that can underestimate it. As a group of economic advisors in the campaign of an unnamed presidential candidate, what policy recommendations would you make jointly to the candidate on employment, stability, and economic growth?

Reference no: EM131006280

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