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Ursula said to Rebecca, I don't understand the latest employment figures. The news reports said that employment is at an all-time high, but they also

  1. Ursula said to Rebecca, "I don't understand the latest employment figures. The news reports said that employment is at an all-time high, but they also reported that the unemployment rate is up. How can that be?" Assume that Rebecca recently completed the Economic Principles for Business course with good grades. What should Rebecca say to Ursula to explain how the figures might have come about?

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