Number of Americans Not in Labor Force Reaches Record 105.8 Million

Record Labor Force Dropouts The number of Americans age 16 and over not in the labor force reached an estimated 111 million in July, according to a report from ActivistPost.com citing government data, surpassing levels seen during the Great Recession and the COVID-19 pandemic [1]. A separate analysis from March 2024 placed the figure at nearly 107 million, indicating a continued upward trajectory [2]. The term “not in the labor force” (NILF) includes retirees, students, and those not seeking work. The total has surged by more than 1 million since the pandemic-era low, with the labor force participation rate dropping to 59% in June, the lowest since September 2021, according to Federal Reserve Bank of St. Louis data...

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