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Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era

Economy CNBC By CNBC 02 Jul 2026 18:09 1 min read
Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era

A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.

A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.

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