AI Data Insight
In Q3 2026 (as of July), the number of US persons not in the labor force climbed to 105,047.0 thousand, an increase of 79,000 from the previous value, continuing to remain steadily at historical highs. Although the latest official raw data shows slight differences in absolute values, the overall trends all reflect the weak phenomenon of the labor force participation rate falling to 61.4%. Under the unexpected loss of nonfarm payrolls and inflationary pressures, the situation of people withdrawing from the job search is expected to influence the Federal Reserve's subsequent rate cut path.