The real unemployment rate includes those who are underemployed, discouraged, and have looked for a job in the past year.
The real unemployment rate includes the percentage of the population who are included in the standard unemployment rate and those who are underemployed, discouraged, and have looked for a job in the past year. This means it encompasses those who have stopped looking for work because they have not been able to find a job and those who have not sought work recently but have done so in the last year.
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