How would the unemployment rate be impacted if 2 million formerly unemployed workers decide to return to school full time and stop looking for work?

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The unemployment rate is determined by individuals filing for unemployment assistance from the government or other similar programs, such as disability. If 2 million of those individuals decided to stop looking for work, they would necessarily stop filing unemployment (active job seeking is a requirement for unemployment filing). This would, in turn, significantly reduce the unemployment rate in the country in spite of the total number of unemployed people...

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