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Wiz Imp

(10,435 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

May 8

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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US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April [View all] BumRushDaShow May 8 OP

I'm sure in a couple months, this jobs report will be revised to be significantly lower. bearsfootball516 May 8 #1

All I hear about is all the layoffs. Honestly, these numbers are NOT good news. Ferrets are Cool May 8 #2

115,000 is a bad report Johnny2X2X May 8 #3

Exactly Farmer-Rick May 8 #12

I remember when the bar was 150,000 Skittles May 8 #29

It's not really terrible, more like mediocre. For Trump though it is one of his best months. Wiz Imp May 8 #32

Well Medicaid is set to be destroyed after the midterms, so healthcare facilities travelingthrulife May 8 #19

Do we know if these are honest numbers or more lies? Irish_Dem May 8 #4

Are their lips moving RoseTrellis May 8 #5

This is my assuming on anything coming from the US govt now. Irish_Dem May 8 #10

LNB numbers bucolic_frolic May 8 #6

We know how honest and competent they are. Irish_Dem May 8 #11

That'll be adjusted down by 200K in four months. Scrivener7 May 8 #7

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

I do not trust a damn thing coming from this administration. CousinIT May 8 #9

If Biden had those numbers the media would be doc03 May 8 #13

LOL. Strong? PSPS May 8 #14

No, No, No, No. You do not need 150k jobs to keep up with the pop. That rule of thumb is wrong. mathematic May 8 #18

Are you also saying it was true for Democrats but not Trump? displacedvermoter May 8 #20

Literally have no idea why you would think I said that. mathematic May 8 #21

Ok displacedvermoter May 8 #22

Not being the statistician as you I quickly looked up what the Fed said displacedvermoter May 8 #23

Contrary to the opinion of others, you're not really wrong. Wiz Imp May 8 #31

The more disturbiing trend... OhioBack2Blue May 8 #15

"Profits are growing without people." LudwigPastorius May 8 #26

Do the jobs numbers include H1Bs? jmbar2 May 8 #16

Yes Wiz Imp May 8 #30

When Rebl2 May 8 #17

This is why the media is not trusted. SamuelAdams May 8 #24

_ LudwigPastorius May 8 #25

We are most likely in a recession Bluestocking May 8 #27

With all the layoffs that we do hearr about, we are expected to believe niyad May 8 #28