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Wiz Imp

(10,346 posts)

31. Contrary to the opinion of others, you're not really wrong.

Reply to PSPS (Reply #14)

Fri May 8, 2026, 07:29 PM

Friday

The working age population has increased by about 33 million over the past 25 years. That works out to about 110,000 per month, so that is the figure that is currently needed to keep up with population growth. However, in the 25 years prior to that, working age population increased by over 45 million, or about 150,000 per month. So that is where that rule of thumb came from and it was absolutely accurate through about 2010, when population growth began to slow.
https://fred.stlouisfed.org/series/LFWA64TTUSM647S

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Highlight:

US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April [View all] BumRushDaShow Friday OP

I'm sure in a couple months, this jobs report will be revised to be significantly lower. bearsfootball516 Friday #1

All I hear about is all the layoffs. Honestly, these numbers are NOT good news. Ferrets are Cool Friday #2

115,000 is a bad report Johnny2X2X Friday #3

Exactly Farmer-Rick Friday #12

I remember when the bar was 150,000 Skittles Friday #29

It's not really terrible, more like mediocre. For Trump though it is one of his best months. Wiz Imp Friday #32

Well Medicaid is set to be destroyed after the midterms, so healthcare facilities travelingthrulife Friday #19

Do we know if these are honest numbers or more lies? Irish_Dem Friday #4

Are their lips moving RoseTrellis Friday #5

This is my assuming on anything coming from the US govt now. Irish_Dem Friday #10

LNB numbers bucolic_frolic Friday #6

We know how honest and competent they are. Irish_Dem Friday #11

That'll be adjusted down by 200K in four months. Scrivener7 Friday #7

Those are not good numbers.............. Lovie777 Friday #8

I do not trust a damn thing coming from this administration. CousinIT Friday #9

If Biden had those numbers the media would be doc03 Friday #13

LOL. Strong? PSPS Friday #14

No, No, No, No. You do not need 150k jobs to keep up with the pop. That rule of thumb is wrong. mathematic Friday #18

Are you also saying it was true for Democrats but not Trump? displacedvermoter Friday #20

Literally have no idea why you would think I said that. mathematic Friday #21

Ok displacedvermoter Friday #22

Not being the statistician as you I quickly looked up what the Fed said displacedvermoter Friday #23

Contrary to the opinion of others, you're not really wrong. Wiz Imp Friday #31

The more disturbiing trend... OhioBack2Blue Friday #15

"Profits are growing without people." LudwigPastorius Friday #26

Do the jobs numbers include H1Bs? jmbar2 Friday #16

Yes Wiz Imp Friday #30

When Rebl2 Friday #17

This is why the media is not trusted. SamuelAdams Friday #24

_ LudwigPastorius Friday #25

We are most likely in a recession Bluestocking Friday #27

With all the layoffs that we do hearr about, we are expected to believe niyad Friday #28