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Official headline unemployment rate

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Reference no: EM131646732

Presently, the 'official' headline unemployment rate published by the Bureau of Labor Statistics (BLS) does not recognize "discouraged workers" as part of the Labor Force. Would capturing "discouraged workers" provide for a more accurate measure of the nation's unemployment picture? Explain. What impact does the labor force participation rate have on the unemployment rate?

Reference no: EM131646732

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