US Labor Force Participation Falls to 61.5%, Lowest in 50 Years Outside COVID
The U.S. labor force participation rate has dropped to 61.5%, its lowest level in five decades excluding the pandemic, signaling a shrinking share of Americans working or seeking work.
According to Fortune, the U.S. labor force participation rate has fallen to 61.5%, marking the lowest level in 50 years outside the COVID-19 pandemic period.
This decline indicates a shrinking share of Americans who are either employed or actively looking for work, reflecting ongoing structural shifts in the labor market.
Source: First Squawk