How is unemployment calculated, and what is and is not included in the calculation?

What were the unemployment figures for the last three quarters in the United States?

Why is unemployment often mentioned in business news and used as an important metric for the economy?

What might cause the unemployment numbers to be questioned from an accuracy standpoint and a relevancy perspective?

How do the phases of the business cycle impact unemployment?

Your initial response should be a minimum of 200 words. 1 scholarly and credible resource

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