How can it true that employment grows faster than population


Problem

Since 1980, the U.S. population has grown 37%, while employment has risen by 44%, or nearly 20% faster than population. How can it be true that employment grows faster than population? Further, the number of people unemployed has only risen 5%. Are all of these indicators a sign of a strong or weak labor market?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: How can it true that employment grows faster than population
Reference No:- TGS02125214

Expected delivery within 24 Hours