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Category |
Levels |
Annual rate of change |
|||||
---|---|---|---|---|---|---|---|
1998 |
2008 |
2018 |
2028 |
1998–08 |
2008–18 |
2018–28 |
|
Labor supply (in millions, unless noted) |
|||||||
Total population |
276.2 |
304.4 |
327.5 |
350.9 |
1.0 |
0.7 |
0.7 |
Civilian noninstitutional population aged 16 and older |
205.2 |
233.8 |
257.8 |
279.5 |
1.3 |
1.0 |
0.8 |
Civilian labor force |
137.7 |
154.3 |
162.1 |
171.0 |
1.1 |
0.5 |
0.5 |
Civilian labor force participation rate (percent) |
67.1 |
66.0 |
62.9 |
61.2 |
-0.2 |
-0.5 |
-0.3 |
Civilian household employment |
131.5 |
145.4 |
155.8 |
163.2 |
1.0 |
0.7 |
0.5 |
Nonfarm payroll employment |
126.1 |
137.2 |
149.1 |
157.0 |
0.8 |
0.8 |
0.5 |
Unemployment rate (percent) |
4.5 |
5.8 |
3.9 |
4.6 |
2.6 |
-3.9 |
1.7 |
Productivity |
|||||||
Private nonfarm business output per hour (billions of chained 2012 dollars) |
45.7 |
59.6 |
67.8 |
79.1 |
2.7 |
1.3 |
1.6 |
Source: Historical data: Bureau of Economic Analysis, Bureau of Census, Bureau of Labor Statistics; Projected data: Bureau of Labor Statistics. |
Last Modified Date: September 4, 2019