IE 11 is not supported. For an optimal experience visit our site on another browser.Why the U.S. labor market is hemorrhaging workersA drop in the July unemployment rate masks a rapidly shrinking workforce that has lost more than 2.1 million people since November.A delivery driver in Alexandria, Va., on April 8.Matt McClain / Bloomberg via Getty ImagesAug. 7, 2026, 11:40 AM EDTThe good news is that the U.S. unemployment rate declined in July, to 4.1%.Just a moment.We are getting your experience ready.
Why the U.S. labor market is hemorrhaging workers
A drop in the July unemployment rate masks a rapidly shrinking workforce that has lost more than 2.1 million people since November.
82 words~1 min read
