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Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era

A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.

Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era

Published July 2, 2026 · Category: Finance

Overview

A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.

Source

Originally published at www.cnbc.com.

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