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.
•
BLS: Unemployment rate fell to 8.6% with hires of 120,000
•
Reuters: American Airlines employees could lose up to $1 billion
•
OccupyWS and
OT conduct Occupy Broad St. and buy nothing day
•
Bloomberg: European bond auction showed lower yields
•
CNBC: No short-term fix for Euro-debt crisis per German Chancellor
•
ET: Indebted nations have less room to maneuver in stemming new crisis
:.
