Practical Application: On February 5, 2010, the BLS announced that employment fell by 20,000 in January, while
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Practical Application: On February 5, 2010, the BLS announced that employment fell by 20,000 in January, while the unemployment rate fell from 10.0 to 9.7. How do you explain that seeming contradiction?
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First the number of people employed is computed from a survey of the payrolls of our 400000 largest ...View the full answer
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