In a recessionary era such as this, unemployment figures gain tremendous importance to most as an indicator of how badly or well the economy is doing.
Stocks will be bought and sold, business plans will be advanced or trashed, fortunes will be won or lost, and workers (that’s us) will be elated or depressed based on the numbers cranked out by the U.S. Bureau of Labor Statistics. On that basis, you would think that these numbers should clearly reflect the state of the working world. But do they?
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