AI Data Insight
In Q3 2026, the US non-institutional population reached 275,282 thousand, an increase of 116,000 from Q2 2026, maintaining an expanding trend in the population base. However, the macroeconomic labor market showed signs of cooling, as nonfarm payrolls unexpectedly declined and fell far short of consensus expectations. Meanwhile, the labor force participation rate dropped to 61.4%, leading to a slight dip in the unemployment rate, reflecting a current employment structure of "low hiring, low firing."