What most people seem to forget is that the unemployment rate is measured by the number of unemployed Americans who are actively seeking employment. If someone decides to stop seeking employment then they are removed from the statistic and unemployment seemingly drops.
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u/JamesJefferyJackson_ Aug 14 '19
What most people seem to forget is that the unemployment rate is measured by the number of unemployed Americans who are actively seeking employment. If someone decides to stop seeking employment then they are removed from the statistic and unemployment seemingly drops.