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Detailed text transcripts for TV channel - MSNBC - 20170308:16:59:00

Create jobs. can the economy generate 25 million jobs? >> highly unlikely because labor force growth demographics, how many people who are working in the labor force available to work, that is growing at 0.5% a year. theres simple business cycle math we call it. the potential gdp growth if you want it 3% or 4%, labor force growth plus productivity growth has to add up to 3% or 4%. >> got it. >> right now labor force growth is expected to be about 0.5%. thats demographics, set in stone. >> right....
Labor Force Doesnt Create Jobs Growth Demographics 0 5 25 Million Productivity Growth

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