Soapbox Saturday: Unemployment worse than you think

Remember, jobless workers are not counted as being part of the labor force unless they are actively looking for work, and the decline in the unemployment rate since its peak has mostly been the result of workers dropping out of — or not entering — the labor force.

CNN says “According to Congressional Budget Office estimates, if the labor market were healthy, the labor force would number about 159.2 million. But the actual labor force numbers just 155.8 million. That means about 3.4 million missing workers are out there — jobless people who would be in the labor force if job opportunities were strong.”

Opinion: Jobless rate is worse than you think – CNN