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The True Unemployment Rate May be 25%

How many people are out of work? What is the real unemployment rate? We don’t know. What we do know is that the true number is far higher than the unemployment rate at any given time. There are some measures that purport to give a better answer than the standard unemployment rate, such as the […]

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The post The True Unemployment Rate May be 25% appeared first on CounterPunch.org.

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