"Because a person has to be either working or looking for work to be counted as part of the labor force, an increase in the number of people too discouraged to continue their search for work would reduce the unemployment rate, all else being equal - but not for a positive reason."

Unemployment Rate

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About Ben Bernanke

Ben Bernanke is an American economist who served as chair of the U.S. Federal Reserve from 2006 to 2014. He played a central role in monetary policy during the global financial crisis and later received the Nobel Memorial Prize in Economic Sciences.

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