America Statistics Depict the Current Population
The United States’ population grew by just under a million between 2000 and 2010. Since then, the country has added less than two million people. The slowdown reflects both lower immigration levels and the nation’s aging population. It is expected that by 2024, there will be nearly as many older Americans as young ones, as the baby boomers start to retire. This will have an effect on the labor force participation rate, which has already been falling.
While the overall America statistics has slowed, there are several racial and ethnic groups that continue to grow rapidly. One example is Hispanics, who make up about half of the population growth between 2010 and 2019.
A decline in net international migration is also a factor behind America’s declining population growth. Around the turn of the century, the Census Bureau estimated net immigration at around 1.4 million people each year. By 2020, that number had dropped to just over a million.
How Do America Statistics Depict the Current Population Growth Rate?
These trends are expected to continue. By 2024, the total fertility rate is projected to drop below replacement level and begin to decline even further. The decline in the number of births will be partially offset by rising longevity, but it is unlikely that the U.S. will see a large increase in the number of centenarians, as has occurred in some other countries.
Despite these demographic trends, the United States still has a great deal of momentum when compared to other developed nations. The nation’s labor force, which consists of those working or looking for work, is projected to expand by about 7.9 million between 2014 and 2024. The rate of expansion is much slower than that seen in the previous 10-year period, when the labor force grew by 8.5 million each year.
The America statistics depicting the current population growth rate are taken from Worldometer, a continually updated count of the global population delivered by RTS algorithm. The United States population figures are based on the population count as of July 1 of each year.
Use caution when comparing population changes across various estimate vintages (years). The 2010-2020 postcensal estimates may underestimate the national population by up to 1%. This underestimation is growing with each subsequent estimate year and will reach 1% by the year 2023.
America, as a vast and diverse nation, is a tapestry of cultures, economies, and demographics that are often encapsulated and analyzed through statistical data. From population trends to economic indicators, from healthcare outcomes to educational achievements, statistics offer a lens through which we can understand the complexities of American society. In this exploration, we delve into some key statistical insights that shed light on various facets of America.
These underestimations are the result of a variety of factors, including the change in the method used to estimate the size of the population and the fact that the new estimate is based on a smaller sample than was used for the 2010 decennial census. A more accurate picture of the population will be provided in the 2020 Census. This will be the first time that all states will have their population measured using the same method. As a result, it will be the first time that the United States will have a truly national population count.