Labor supply and factors affecting productivity

This table also can be found in the article, "The U.S. economy to 2022: settling into a new normal," published in the December 2013 Monthly Labor Review.

Other available formats: (XLS)

Table 4.11 Labor supply and factors affecting productivity, 1992, 2002, 2012, and projected 2022

Category

Levels

Annual rate of change

1992

2002

2012

2022

1992—2002

2002—12

2012—22

Labor supply (in millions, unless noted):

Total population

256.9

287.9

315.0

339.2

1.1

0.9

0.7

Civilian noninstitutional population aged 16 and older

192.8

217.6

243.3

265.3

1.2

1.1

0.9

Civilian labor force

128.1

144.9

155.0

163.5

1.2

0.7

0.5

Civilian household employment

118.5

136.5

142.5

154.8

1.4

0.4

0.8

Nonfarm payroll employment

108.7

130.4

133.7

149.1

1.8

0.2

1.1

 

Unemployment rate (percent)

7.5

5.8

8.1

5.4

-2.6

3.4

-4.0

 

Productivity:

Private nonfarm business output per hour
(billions of chained 2005 dollars)

36.9

46.4

55.7

67.8

2.3

1.9

2.0

Source: Historical data: Bureau of Economic Analysis, Census Bureau, Bureau of Labor Statistics; Projected data: Bureau of Labor Statistics.

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Last Modified Date: January 2, 2014