Well to answer the question about why you'll never have a jetpack we need to stop and break the idea down into a more basic overview.
You are wondering why no-one in their right mind would mass produce what would essentially be a jet with shoulder straps?
1- It would potentially be dangerous to wear (unless it was designed in such a way as to have the propulsion take place a significant distance away from the wearer, which would potentially result in it being bulky and impractical to wear).
2- It would be heavy, and this isn't just taking into accomidation the aforemention bulky design (nessercary to avoid burning yourself with your own jetpack) but it would also need to have plenty of fuel for take-off, flight and landing (imagine carrying a large petrol tank on your back in addition to a jet engine, you'd need to be seriously strong to lug all that around reliably).
3- It would be hard to steer, this would also result in it being stupidly dangerous to use in any built up areas due to the risk of losing control and/or crashing (being just a jetpack there would be no chasis or frame to take the impact, just your fleshy body).
4- It would be expensive, jet fuel is not cheap (that's assuming it wouldn't need some even more specialised type of fuel that could potentially be more expensive) and seeing as you'd need a lot of it for even a simple flight (depending on your weight I would assume) you'd find it being a massive money sink.
5- There's really no need for it, if you want to fly then we already have the airplane, the helicopter, the paracute, the glider, those weird glider suits and many other ways of taking to the sky (all of which are vastly more practical and don't endanger their passengers and crew for no reason).
As a general rule, if there's something that scientists haven't gotten around to doing yet or something that hasn't been adopted or widely used then odds are on that there's probably good reasons for it.