How many new jobs must be created each month to take up the "new" entrants going into the civilian labor force? The following table provides one with the answer to the question. As you can determine, we have 2,849,000 more individuals in the civilian, non-institutional, population (sixteen years and above) than in June 2014. A simple division tells us that the quotient is 237,417. Therefore, just to keep even with the "new" entrants into the labor force, the U.S. needs to create 237,417 "real" jobs each month. You noticed that I said "real" jobs, not the so-called bogus jobs put forth by the Bureau of Labor Statistics through the "birth-death rate" of businesses.
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