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How Is It Possible for the Unemployment Rate to Overstate

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How is it possible for the unemployment rate to overstate the true level of unemployment?


Definitions:

Self-Handicapping

A cognitive strategy by which individuals avoid effort in the hopes of keeping potential failure from hurting self-esteem.

Anticipatory Excuses

Refers to justifications provided in advance of an action to preemptively excuse or rationalize possible failure or poor performance.

Social Psychological

Pertaining to the scientific study of how individuals think, feel, and behave in social contexts.

Social Categorization

The process of classifying people into groups based on shared characteristics such as nationality, race, or gender.

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