The figure of 104.3 million is directly supported by official data from the U.S. Bureau of Labor Statistics. The 'Employment Situation News Release - February 2026' (Table A-1) reports the seasonally adjusted number of persons 'Not in labor force' as 104,283,000. This is the highest value recorded in the series shown, confirming the 'record' status. The definition provided in the claim (retirees, students, etc.) accurately reflects the BLS criteria for this category.