US Population growth vs. Employment growth since 1999 (age: 25 to 54)
Growth since end of year 1999
Population =
Employment = ()
The delta (deficit) between known full employment (81.48% in 1999) and the current rate () is jobs.
The seasonally adjusted employment to population ratio (Employment Rate) was 81.48% in 1999 for age 25 - 54.
Chart depicts growth in employment and population for the 21st century (age: 25 to 54).
Why are we using the 25 to 54 age group?
This is the age group that must thrive and purchase a home for a successful retirement.
This is the age group that includes the majority of new immigrants.(56% of new Legal Permanent Residents (614,848) in this age group in 2018)
For the most part, this group is beyond the age of a full time student.
Fifty-four years of age would be considered a young retirement
Method:
In the 25 to 54 year age-group, the population level of December 31, 1999, is subtracted from the current population level. Likewise, the employment level of December 31, 1999, is subtracted from the current employment level.
The red shaded area represents population growth in the age-group since January 1, 2000
The blue shaded area is a representation of "full" employment level, had full employment growth kept pace with population growth.
The green shaded area is the employment level, within the age group, for the closing or current month of the year.
The chart's zero-line is the number of persons (age group 25 to 54) employed on January 1, 2000.
Data:
Civilian Noninstitutional Population - 25 to 54 years (LNU00000060) Chart
Employment Level: 25 to 54 years (LNU02000060) Chart
*Unadjusted data. (Adjusted data is not available for both data-sets)