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Labor Force Participation Rate Falls To Lowest In 50 years

Labor Force Participation Rate Falls To Lowest In 50 years

The US unemployment rate fell to 4.2% in June largely because 720,000 people left the labor force, pushing participation to 61.5%. Excluding the Covid-era jobs market, that's the lowest participation rate since June 1976. CNBC reports: The decline in the labor force marks a…

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