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w ;U 33dlanve\' . .\"LA Progressive Attitude I\'d like to take issue with the letters in the March 1977 issue of The ToASTMAsrtR thatprotested William Hoffer\'s article on TM [tran scendental meditation],
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U3 refers to the unemployment rate that includes only those individuals who are actively seeking employment but excludes those who are not actively looking for work.
U3 is typically reported by government agencies, such as the Bureau of Labor Statistics in the United States, based on data collected from households and businesses.
U3 is not filled out by individuals; rather, it is calculated based on survey data that gauges the labor force and employment status of the general population.
The purpose of U3 is to measure the unemployment rate in a standardized way that helps policymakers, economists, and the public understand the health of the labor market.
U3 must report the total number of unemployed individuals, the total labor force, and the unemployment rate percentage, which reflects those who are not employed and actively seeking work.
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