An official website of the United States government
United States Department of Labor
United States Department of Labor
The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information,
make sure you're on a federal government site.
The site is secure.
The
https:// ensures that you are connecting to the official website and that any
information you provide is encrypted and transmitted securely.
Employment Projections
SHARE ON:
Macro Projections Evaluation: 2002–2012
Year | BLS Projection | Actual | Potential | Naïve Projection |
|---|---|---|---|---|
1992 | 9266.6 | 9503.8 | ||
1993 | 9521.0 | 9750.7 | ||
1994 | 9905.4 | 10023.1 | ||
1995 | 10174.8 | 10319.0 | ||
1996 | 10561.0 | 10633.8 | ||
1997 | 11034.9 | 11010.3 | ||
1998 | 11525.9 | 11457.0 | ||
1999 | 12065.9 | 11933.6 | ||
2000 | 12559.7 | 12409.4 | ||
2001 | 12682.2 | 12860.6 | ||
2002 | 12908.8 | 13244.6 | ||
2003 | 13271.1 | 13584.7 | ||
2004 | 13773.5 | 13926.0 | ||
2005 | 14234.2 | 14272.6 | ||
2006 | 14613.8 | 14578.7 | ||
2007 | 14873.7 | 14843.6 | ||
2008 | 14830.4 | 15098.3 | ||
2009 | 14418.7 | 15310.3 | ||
2010 | 14783.8 | 15457.0 | ||
2011 | 15020.6 | 15615.8 | ||
2012 | 16596.7 | 15354.6 | 15815.5 | 16382.0 |
Source: Bureau of Economic Analysis, Congressional Budget Office, and 2002–12 Bureau of Labor Statistics Projections. Data as of March 29, 2018. | ||||
Year | BLS Projection | Actual Unemployment Rate | Potential (NAIRU) | |
|---|---|---|---|---|
1992 | 7.5 | 5.7 | ||
1993 | 6.9 | 5.5 | ||
1994 | 6.1 | 5.4 | ||
1995 | 5.6 | 5.3 | ||
1996 | 5.4 | 5.2 | ||
1997 | 4.9 | 5.1 | ||
1998 | 4.5 | 5.1 | ||
1999 | 4.2 | 5.0 | ||
2000 | 4.0 | 5.0 | ||
2001 | 4.7 | 5.0 | ||
2002 | 5.8 | 5.0 | ||
2003 | 6.0 | 5.0 | ||
2004 | 5.5 | 5.0 | ||
2005 | 5.1 | 5.0 | ||
2006 | 4.6 | 5.0 | ||
2007 | 4.6 | 4.9 | ||
2008 | 5.8 | 4.9 | ||
2009 | 9.3 | 5.0 | ||
2010 | 9.6 | 5.1 | ||
2011 | 8.9 | 5.1 | ||
2012 | 5.2 | 8.1 | 5.1 | |
Source: Bureau of Labor Statistics Current Population Survey, Congressional Budget Office, and 2002–12 Bureau of Labor Statistics Projections. Data as of March 29, 2018. | ||||
Last Modified Date: August 1, 2018