Newsylist real-time news trend intelligence
▲ Peaking Business

Shocking 105 million Americans are not working

The number of Americans outside the workforce has reached a record 105.8 million amid a June hiring slowdown.

5sources
5articles
3velocity
+0%since first seen
1h agofirst detected

Velocity timeline

How fast coverage is spreading — measured hourly from article rate × source diversity. How this works →

3210Jul 22 16:29Jul 22 19:29 UTC

The brief

A record 105.8 million Americans are currently not working. According to coverage from Benzinga and New York Post, this surge coincides with a slowdown in hiring during June.

Reporting from dars.gov.et emphasizes that the labor force participation rate has dropped to a 50-year low, excluding the pandemic era, suggesting that declines in unemployment may mask deeper economic weakness. Meanwhile, Bloomberg.com notes that participation rates may appear high depending on the measurement method used.

Future developments involve determining the causes behind the shrinking workforce, as highlighted by Central Oregon Daily.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 59m ago.

Quick answers

How many Americans are currently outside the workforce?

According to Benzinga, the number has hit a record 105.8 million.

What is the status of the labor force participation rate?

Coverage from dars.gov.et states it has dropped to a 50-year low, excluding the pandemic era.

When did the hiring slowdown occur?

Benzinga reports that hiring slowed in June.

Coverage (5)

People, places & organizations

Topics

Related trends