{"id":708345,"date":"2010-04-03T10:19:10","date_gmt":"2010-04-03T14:19:10","guid":{"rendered":"http:\/\/www.businessinsider.com\/oops-jobs-didnt-grow-enough-2010-4"},"modified":"2010-04-03T10:19:10","modified_gmt":"2010-04-03T14:19:10","slug":"oops-jobs-didnt-grow-enough","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/708345","title":{"rendered":"Oops, Jobs Didn&#8217;t Grow Enough"},"content":{"rendered":"<p>So <a href=\"http:\/\/www.businessinsider.com\/march-jobs-report-2010-4\">162,000 jobs were created in March<\/a>, but unemployment didn&#8217;t budge, holding at 9.7%.<\/p>\n<p>Here&#8217;s why.<\/p>\n<p>As visualized by <a href=\"http:\/\/econompicdata.blogspot.com\/2010\/04\/employment-vs-population-growth.html\">Econompic<\/a> below, while the economy added&nbsp;162,000 jobs, the average monthly U.S. population growth over the last ten years has been 211,000. Thus the U.S. economy has to create jobs at a higher rate than its population growth, or more precisely its workforce growth, in order to see an improvement in the unemployment rate. <img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/static.businessinsider.com\/image\/4bb746477f8b9a11176c0c00-450-\/chart.png?w=450\" border=\"0\" alt=\"Chart\"  \/><\/p>\n<p>Just don&#8217;t think that a growing population is a bad thing the U.S. should be happy it&#8217;s not Japan for example. There&#8217;s always enough problems to be met in an economy (ie. &#8216;jobs&#8217;), it&#8217;s just a matter of connecting the jobless with problems they can solve.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/oops-jobs-didnt-grow-enough-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/what-were-seeing-now-is-the-real-revenge-of-the-housing-bubble-2010-4\">And Now What We&#8217;re Seeing Now Is The Real Revenge Of The Housing Bubble<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/initial-jobless-claims-439k-vs-440k-estimate-2010-4\">Initial Jobless Claims: 439k vs 440k Estimate (But Prior Claims Revised Higher)<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/henry-blodget-feels-like-a-holiday-but-here-come-those-jobs-numbers-830-am-et-2010-4\">Feels Like A Holiday, But Here Come Those Jobs Numbers  (8:30 AM ET)<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/HPZuGhCVRBo\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>So 162,000 jobs were created in March, but unemployment didn&#8217;t budge, holding at 9.7%. Here&#8217;s why. As visualized by Econompic below, while the economy added&nbsp;162,000 jobs, the average monthly U.S. population growth over the last ten years has been 211,000. Thus the U.S. economy has to create jobs at a higher rate than its population [&hellip;]<\/p>\n","protected":false},"author":4069,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-708345","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2YgV","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/708345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/4069"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=708345"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/708345\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=708345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=708345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=708345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}