I also don’t trust his jobs numbers since heads rolled a few Months back.
Yeah. Imagine how bad the real numbers are. I’m sure we will be getting revisions 4 years from now for Trump era figures lol.
2025: 181,000 new jobs, 1.8 million new people.
That’s 1 job per 10 new people.
2024: 2,232,000 new jobs and 3.2 million people or 6.97 jobs per 10 new people. (Edited, I accidentally said per 1 new)
2023 saw about 3 million jobs added, and population growth of about 1.6 million people. ~1.875 jobs per new person.
2022 and 2023 were seeing rates so high I believe because we were recovering from the pandemic, but I don’t think anyone in their right mind can look at a capitalistic nation that doesn’t believe in social programs and say 1 new job per 10 people is sustainable.
The math for 2024 seems to be incorrect.
What was wrong with it. I saw 186,000 jobs/month growth average for 2024. That’s 2,232,000 jobs. Population growth around 3.2 million.
Edit: oh I see, I put it out of per ten people in 2025 before and meant to again, lol. My bad
Yeah I was trying to show 2023 was still overly high from people going back to work. But ~7 new jobs per 10 people is decent. As on average 62-63% of our population over 16 work. So if you cut the sub 16 year olds out of the 7/10 it’s near sustainable
I think there are figures for the number of new working age adults per year that would probably be the denominator you’re interested in. That would account for both babies not needing jobs and old folks retiring. It’ll all be roughly correlated with total population though. There are generational bulges and unusual rates of retirement, but it’s not going to be a drastic change when comparing year to year stats.
Yeah the variations in such should be fairly nominal comparing such a short gap of 3 years, but over time that would have effect. Like comparing the percentage of youth using data like this: https://www.aei.org/carpe-diem/chart-us-population-distribution-by-age-1900-through-2060/
On average we see ~65 being the retirement age for men with some wiggle over the years, for women on the other hand that has drastically increased from 1970 till now. Which should have effected those numbers of who’s working much greater over a 50 year time period
But big stonks good.
Who on earth could have seen this coming? Anyone? Eh?
… So far
“That’s cool. I’m sure Kamala would have been jUstAsBaD because something something argle bargle status quo and neoliberalism. Also the economy that was the envy of the world when Biden left really didn’t have good macroeconomic indicators because, well, reasons.”
– Fans of Murc’s Law and reactionary centrism
“Guys we HAVE to vote for Gavin Newsom NO MATTER WHAT or else you WANT TRANS PEOPLE to DIE”
Libs today
Guys, it’s okay! The presidents are only responsible for the jobs market when they’re Democrats.
And nothing will be learnt.
Obviously further proof that scary brown people are responsible. /s
