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Why people are dropping out of the workforce and not looking for new jobs: 'The market wore me down'

News | 2026/08/02 14:30

Why people are dropping out of the workforce and not looking for new jobs: 'The market wore me down'

The labor market crisis and mental health

In recent months, the labor market situation in the U.S. has significantly worsened, leading many people to drop out of the workforce and stop looking for new jobs. Dan Coda, a 40-year-old resident who lost his job, shares that he spent over 300 hours job hunting but could not find his desired position. "The market wore me down," he says:

In June 2026, the number of people leaving the workforce in the U.S. reached 720,000, which is a concerning trend. Young people aged 25 to 34 are particularly likely to exit the labor market. Mental health issues and competition in the job market heavily impact job seekers:

Meanwhile, elevated levels of long-term unemployment persist, with more than 1.9 million Americans, or roughly 1 in 4 unemployed individuals, unable to find work for over six months:

To gain a competitive edge, some individuals are returning to school to acquire new skills. For instance, Celine Wang, who previously worked as a designer, is now studying to become a dental hygienist:

This situation illustrates that the U.S. labor market is out of balance, and finding solutions is becoming increasingly difficult:

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