The United States has a population of 312.705 million people per the U.S. Census Bureau; With what The Economist calls a low birthrate of 4 million babies being born per year, in 18 years, they'll start entering the work force. Thus at that rate, 333,333 will need to be created each month, well below the November job growth rate of 120,000 per month. The outcome of this is reflected by a recent New York Times story that characterizes the plight of children entering a nation with less to go around.
Government employment data is conflicted as well. About 1.909 million work for the civilian government per the Bureau of Labor Statistics. According to the St. Louis Federal Reserve Bank, via The Wall Street Journal, the 'public sector' has shed nearly 5 percent of its jobs since its 2009 peak. Yet, the Bureau of Labor Statistics claims Federal Government employment is forecast to increase by 9.5% by 2018 despite a proven unsustainable annual deficit spending.
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