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Which of the following is TRUE of the IS function today?
Labor Force
The total number of people available to work, including both the employed and those actively looking for work.
Reported Unemployment Rate
The reported unemployment rate represents the percentage of the labor force that is jobless and actively seeking employment, as officially measured and published by a country's government or statistical authority.
Statistics on Unemployment
Data and analysis related to the labor force, specifically measuring the number and percentage of people who are actively seeking but unable to find work.
Recent Entrants
Individuals or entities that have newly joined a market, sector, or area of activity.
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