Labor force participation in the U.S. has fallen for three consecutive months

The last time it declined three months in a row was 2010.

Monthly labor force participation rate | Jan. 2005–July 2025

The line chart shows the monthly labor force participation rate in the U.S. from January 2005 through July 2025.

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Note: Seasonally adjusted

Source: U.S. Bureau of Labor Statistics
Data as of Aug. 1, 2025