AI Data Insight
The unadjusted US civilian labor force in Q3 2026 reached 170,235 thousand, a slight increase of 37,000 from the previous value of 170,198 thousand in Q2 2026. Despite the marginal expansion in the labor force, nonfarm payrolls unexpectedly contracted during the same period, falling far short of market expectations. With the labor force participation rate trending lower and inflationary pressures driven by geopolitics, the overall labor market is entering a cooling phase.