Tag Archives: growing-at-the

Raw Data: Working-Age Population Growth

by BOYSamanth Posted on December 23, 2016

Mother Jones

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The Washington Post reports that 2016 “had the lowest rate of population growth of any year since the Great Depression.” The US population, it turns out, grew by slightly less than 0.7 percent compared to 2015. There’s some good news and bad news about this. First the bad news: the working-age population is growing even more slowly than that. Here it is for the 21st century:

Our working-age population continues to grow, but only at a rate of about 0.5 percent per year. But here’s the good news: at least we’re not Russia. Their working-age population started declining half a decade ago and is now “growing” at the rate of -0.8 percent per year:

And then there’s Japan. Their working-age population is also declining, but it didn’t even start the 21st century in positive territory. Currently their working-age population is growing at the rate of -1.2 percent per year:

The working-age population in the US isn’t growing very fast, but it’s growing faster than almost any other developed country.

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Raw Data: Working-Age Population Growth

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Income Still Hasn’t Come Close to Recovering From the Great Recession

by DoloresUHQA Posted on September 14, 2016

Mother Jones

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Today’s announcement that incomes increased 5 percent in 2015 was genuinely good news. But it’s also worthwhile to put it in perspective. As most of you know, income growth was very high in the 50s and 60s but slowed down after that. However, it didn’t flatline. Income continued to grow, only at a slower rate. However, since 2007 we’ve fallen far behind even that anemic growth rate:

Even with last year’s spike, the effects of the Great Recession are still with us. If we’d continued growing at the rate of 1980-2007, median household income would be $4,500 higher than it is. That’s a big hit. There’s still plenty of work to do.

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Income Still Hasn’t Come Close to Recovering From the Great Recession

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