What are your opinions on official rate of unemployment

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Reference no: EM13984879

There is an ongoing debate on how the unemployment rate is measured in the economy. Some people argue that the reported (official) unemployment rate actually understates the extent of unemployment in the economy. What are your opinions on official rate of unemployment? How do you think the official unemployment data can be improved to be a better measure of unemployment in the economy?

Reference no: EM13984879

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