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Jun 17, 2021 - Economy

5. How fraud shows up in economic statistics

Data: BLS, The Century Foundation; Chart: Axios Visuals
Data: BLS, The Century Foundation; Chart: Axios Visuals

The fraud is not hard to see in economic statistics, once you realize it's there.

By the numbers: Before the pandemic, continued unemployment claims — the number of Americans claiming unemployment benefits for two weeks or longer — were counted at 2,152,733. That was one-third of the official number of unemployed Americans, as measured in the monthly household employment survey, which was 6,504,000.

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