Analysis: Trump's Promise of 25M New Jobs Doesn't Add Up | NBC 10 Philadelphia
Decision 2016

Decision 2016

Full coverage of the race for the White House

Analysis: Trump's Promise of 25M New Jobs Doesn't Add Up

Demographic trends from the post-World War II era will be impossible to repeat, "especially in the absence of immigration," one economist says

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    NEWSLETTERS

    Donald Trump promised Thursday to grow the American economy fast enough to create 25 million new jobs in a decade.

    It's a claim bound to win support among American workers, but there's one problem with it, CNBC reported: Without a wave of new immigrants entering the American workforce, Trump will have a hard time finding enough workers to fill those jobs.

    The Trump campaign promises on its website to double the average pace of U.S. gross domestic product growth this century to 3.5 percent a year. At a speech in New York Thursday, he suggested the country could achieve 4 percent growth.

    But aging baby boomers are leaving the labor force en masse, reducing the number of workers available to fill new jobs. Chad Stone, chief economist at The Center on Budget and Policy Priorities, said demographic trends from the post-World War II era will be impossible to repeat, "especially in the absence of immigration."