The US job market is losing workers at an alarming pace:
The US labor force participation rate fell -0.1 percentage point in July, to 61.4%, the lowest since May 2020.
This metric measures the proportion of working-age Americans either employed or actively looking for work.
The US labor force participation rate fell -0.1 percentage point in July, to 61.4%, the lowest since May 2020.
This metric measures the proportion of working-age Americans either employed or actively looking for work.