Business

US Job Market Decline

Updated 2026-08-07 19:40 UTC 1 source Negative

The American workforce has shrunk by over a million people in the past year. The July jobs report indicates a significant drop in employment and job-seeking rates.

Coverage timeline — 1 article

MarketWatch

The size of the American workforce has fallen by over 1 million people in the past year. Here’s what’s going on.

The share of Americans who are working or looking for a job hasn’t been this low since the pandemic, according to a July jobs report full of gut punches.

2026-08-07 19:24 UTC