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DOL stats for ages 25-54. See real job growth, draw your own - Conclusions -sm

Posted: Jan 9th, 2018 - 12:53 pm In Reply to: Jobs? 2017 was the worst year in job growth in six years. sm - Reality


This chart shows the data for the last 10 years by default.

You can see that Trump is continuing Obama's trajectory which started in 2012.

Using the age range of 25-54 is necessary to exclude data variations due to increased/decreased college goers and retiring baby boomers.

You can't use raw numbers (as you are trying to do) because job growth is dependent on population rates. If the population is in decline we would expect the number of jobs to decline as well. That's why a percentage of the jobs for the working age population works better for this particular metric.

LINK/URL: DOL stats for ages 25-54. See real job growth, draw your own


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