Unexpectedly Intriguing!
October 23, 2013

Although the September 2013 jobs report was delayed for two and half weeks, thanks to the partial federal government shut down, and though it was considered disappointing by many, we did find something curious in it.

Compared to August 2013, the number of teens counted as having jobs increased by 168,000, while the number of adults Age 25 or older fell by that same number! It's as if only the exit of older workers could make room for the entry of an equal number of teens....

Change in Number of Employed by Age Group Since Total Employment Peak in November 2007, thru September 2013

We realize that this could very much be just a one-off anomaly in the household employment survey, which will likely disappear when the household data is revised in 2014, but it is interesting to see in the data.

Meanwhile, according to the jobs report, all of the net gain of 133,000 Americans counted as being employed in September 2013 was confined to the Age 20-24 demographic, which is really impressive since this group accounts for just 9.5% of the 144,303,000 Americans counted as having jobs. By contrast, the U.S. teens whose number of employed increased by 168,000 in the month of September 2013 make up just 3.1% of the employed U.S. civilian labor force.

All in all, September 2013 would appear to have been a good month to be among the 12.6% of the U.S. civilian labor force under Age 25 and looking for work. 301,000 more Americans meeting that description were counted as having jobs in September 2013 than had jobs in August. The remaining 87.4% of the U.S. work force was not so lucky.

It will be interesting to see if the pattern reverses itself with the October jobs report. Or really, the November jobs report, because the partial government shut down in October will affect that month's data.

Labels:

About Political Calculations



blog advertising
is good for you

Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:

ironman at politicalcalculations.com

Thanks in advance!

Recent Posts

Applications

This year, we'll be experimenting with a number of apps to bring more of a current events focus to Political Calculations - we're test driving the app(s) below!

Most Popular Posts
Quick Index

Site Data

This site is primarily powered by:

This page is powered by Blogger. Isn't yours?

Visitors since December 6, 2004:

CSS Validation

Valid CSS!

RSS Site Feed

AddThis Feed Button

JavaScript

The tools on this site are built using JavaScript. If you would like to learn more, one of the best free resources on the web is available at W3Schools.com.

Other Cool Resources

Blog Roll

Market Links
Charities We Support
Recommended Reading
Recommended Viewing
Recently Shopped

Seeking Alpha Certified

Archives
Legal Disclaimer

Materials on this website are published by Political Calculations to provide visitors with free information and insights regarding the incentives created by the laws and policies described. However, this website is not designed for the purpose of providing legal, medical or financial advice to individuals. Visitors should not rely upon information on this website as a substitute for personal legal, medical or financial advice. While we make every effort to provide accurate website information, laws can change and inaccuracies happen despite our best efforts. If you have an individual problem, you should seek advice from a licensed professional in your state, i.e., by a competent authority with specialized knowledge who can apply it to the particular circumstances of your case.