Employment in the household survey fell by 226,000. The labor force shrank by 92,000. Participation ticked down by one tenth to 61.8%. (I.E., the unemployment rate didn't rise because people left the labor force, not because they found jobs.)

2026-05-08

Employment in the household survey fell by 226,000. The labor force shrank by 92,000. Participation ticked down by one tenth to 61.8%. (I.E., the unemployment rate didn't rise because people left the labor force, not because they found jobs.)