More people are working right now in the U.S. than ever before and prices are dropping fast

The claim combines two separate assertions, and the evidence supports them differently.

Employment:

• Raw employment has recently reached a record high, partly because the U.S. Population has grown. PolitiFact reported on March 31, 2026, that raw employment numbers had peaked a month earlier, while also noting weaknesses in other labor-market measures.
• WRAL and its cited fact-checking analysis explain that labor-force participation includes both employed people and those actively seeking work, so it is not a direct measure of how many people actually have jobs. A record number of employed people does not necessarily mean the strongest employment conditions in U.S. History.
• More recent reporting points to deterioration. NBC News reported job losses in July 2026 and downward revisions, while The New York Times described hiring as slumping after a weak July jobs report. PBS News reported stronger May results, including 172,000 jobs added and a 4.3 percent unemployment rate, showing that conditions have been mixed rather than uniformly improving.

Prices:

• The claim that prices are dropping fast is not supported by the provided evidence. U.S. News reported on August 3, 2026, that the Consumer Price Index was still increasing at a 3.5 percent annual rate in June, although that was an improvement from 4.2 percent the previous month.
• A slower rate of inflation means prices are rising more slowly, not that the overall price level is falling. The Center for American Progress reported that workers' paychecks were growing faster than prices, which indicates improving real wages for many workers, but it does not establish that prices themselves are declining.
• NBC News and PBS both referenced continuing concerns about rising or elevated prices. The available sources therefore support moderating inflation in some periods, not a rapid broad-based fall in prices.

Overall, the first part is only accurate in the narrow sense of counting total employed people. The second part is contradicted by the available inflation data, and the statement omits important context about population growth, weakening hiring, and the difference between slower inflation and falling prices.