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1. List the reasons the official unemployment rate in most countries may not reflect the true social burden of unemployment. Explain whether the official numbers

1. List the reasons the official unemployment rate in most countries may not reflect the true social burden of unemployment. Explain whether the official numbers overstate or understate true unemployment in light of each reason you discuss. 2. Government officials find it useful to measure the nation's economic health. The unemployment rate is currently used as a major indicator of the relative strength of the labour market. Do you think the unemployment rate is a useful indicator of labour market? Why? 3. Explain full employment. 4.Discuss the economic costs of unemployment to the individual and society. 5.Discuss the noneconomic effects of unemployment

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