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Full Employment in Approximately six to eight Years |
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People |
Percentage |
People |
Percentage |
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Employed |
Increase @ 4% |
Employed |
Increase @ 5% |
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Before we change |
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100,000 |
None |
100,000 |
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1st Year |
+ 4% = |
104,000 |
4.0% |
105,000 |
5.0% |
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2nd Year |
+ 4% = |
108,160 |
8.2% |
110,250 |
10.3% |
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3rd Year |
+ 4% = |
112,486 |
12.5% |
115,763 |
15.8% |
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4th Year |
+ 4% = |
116,986 |
17.0% |
121,551 |
21.6% |
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5th Year |
+ 4% = |
121,665 |
21.7% |
127,628 |
27.6% |
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6th Year |
+ 4% = |
126,532 |
26.5% |
134,010 |
34.0% |
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7th Year |
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140,710 |
40.7% |
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8th Year |
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147,746 |
47.7% |
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The Increase in Employment in 6 years at an annual 4% increase = 26.5% |
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The Increase in Employment in 8 years at an annual 5% increase = 47.7% |
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