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How is unemployment calculated, and what is and is not included? What were the unemployment numbers for the latest three quarters? Why is unemployment mentioned

  • How is unemployment calculated, and what is and is not included?
  • What were the unemployment numbers for the latest three quarters?
  • Why is unemployment mentioned in business news so often and used as an important metric for our economy?
  • What might cause the unemployment numbers to be questioned from an accuracy standpoint and a relevancy perspective?
  • How is unemployment impacted by the phases of the business cycle?

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