Over the last year, 1.318 million Americans have left the workforce, the Labor Department estimates. It's affecting the unemployment rate. Here's why.

The United States economy unexpectedly lost jobs in July, which may affect Federal Reserve decisions. Nonfarm payrolls decreased by 23,000 jobs, contrary to economist expectations…

Unemployment appears to have fallen due to an exodus of workers from the labor force, which would be bad for household finances and the economy.