BUSINESS
10/22/2013 10:58 am ET Updated Dec 06, 2017

Here Are 5 Million People That The U.S. Economy Has Abandoned

Getty

The Labor Department announced Tuesday that the unemployment rate took a dip last month, falling slightly to 7.2 percent from 7.3 percent in August.

Not accounted for in that calculation were the more than 5 million people who have given up looking for work. Known as “missing workers,” these Americans have vanished from the job market and subsequently the official calculation of the country’s unemployment rate. As you can see, their ranks continue to swell:

missing workers 1

As noted by the left-leaning Economic Policy Institute (who produced the two graphics in this post), if these missing persons were counted in our nation's jobless rate, the situation would look a lot worse -- like above-10-percent bad:

missing workers 2

So please, keep these 5 million-plus people in your thoughts today.

HuffPost

BEFORE YOU GO

PHOTO GALLERY
15 Most Bizarre Excuses For Missing Work
CONVERSATIONS