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In June 2020, the California unemployment rate reached 14.9% and in August it dropped to 11.4% which drove many economists to express skepticism and said
In June 2020, the California unemployment rate reached 14.9% and in August it dropped to 11.4% which drove many economists to express skepticism and said the drop was misleading. Explain the possibility of the method used to calculate unemployment leading to a decrease in the unemployment rate in the last few months. Provide an example of the people who aren't included in the labor force potentially causing the rate to decrease.
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