(CNSNews) There was a net decline of 406,000 in the number of Americans age 25 or older with a bachelor’s degree or higher who were working in the United States in June, according to the Bureau of Labor Statistics.

A net of 309,000 in this demographic simply dropped out of the labor force, which means they neither had a job in June nor actively tried to find one, according to BLS.

The number of Americans age 25 or older with a bachelor’s degree or higher who were “unemployed”—meaning they did not have a job but did actively try to find one—increased by 96,000 in June.

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