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A sobering new report from the State Department finds that more than 12 million people worldwide are victims of "trafficking in persons" — trapped in forced labor, bonded labor or forced prostitution. But just 4,166 people were convicted of trafficking last year, the report says.
But there's still much work ahead, the report says. The State Repartment estimates that only 0.4 percent of all modern slavery victims were identified last year. Human trafficking is a multibillion-dollar business
Clinton said that for the first time, the State Department will rank the United States using the same standards as it uses for the other countries. The country earned the department's highest ranking, meaning that the government is in full compliance with U.N. anti-trafficking protocol. Countries near the bottome of the list include China, Saudia Arabia, India, Iran and Russia.