This worries me... Over 2.1 million people have left the U.S. labor force since November.
Labor force participation rate November: 62.5%
Labor force participation rate now (July): 61.4%
Some of this is due to lower immigration. Some due to Baby Boomers retiring, but it also likely signals job seekers becoming discouraged.
Prime-age labor force participation for workers ages 25 to 54 looks a little better, but even that has fallen sharply