There were 94,391,000 Americans not participating in the labor force in August, an increase of 58,000 people from the previous month, according to data released by the Bureau of Labor Statistics on Friday.
The bureau counts those not in the labor force as people who do not have a job and did not actively seek one in the past four weeks.
The labor force participation rate, which is the percentage of the population that has a job or actively looked for one in the past month, remained steady at 62.8 percent in August. According to the bureau, this level of participation matches the level seen in 1978.
The unemployment rate for all Americans remained steady at 4.9 percent from July to August. This measure does not account for those individuals who have dropped out of the labor force and simply measures the percent of those who did not have a job but actively sought one over the month.