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How in the world did the unemployment rate fall last month? Here’s how the trick was done – ABC News
The unemployment rate is often misleading, and it’s very misleading at the moment, writes Gareth Hutchens.
Did you scoff when you heard the unemployment rate fell last month?
I wouldn’t blame you.
Not only did it fall, it fell to a 13-year low.
And it happened during a pandemic where 60 per cent of the population is now under some kind of lockdown.
It doesn’t…
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