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Some people argue that the official unemployment rate understates true unemployment, while others argue that it could actually overstate true unemployment in cases. Talk about

Some people argue that the official unemployment rate understates true unemployment, while others argue that it could actually overstate true unemployment in cases. Talk about each of these positions, giving some examples of what might cause the official rate to be either too high or too low. Do you think we should make any changes to how we calculate unemployment? If so, what would you propose?

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