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.
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
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