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Employment Projections
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Macro Projections Evaluation: 2004–2014
Year | BLS Projection | Actual | Potential | Naïve Projection |
|---|---|---|---|---|
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 | 15354.6 | 15815.5 | ||
2013 | 15612.2 | 16049.4 | ||
2014 | 17499.5 | 16013.3 | 16305.7 | 18319.2 |
Source: Bureau of Economic Analysis, Congressional Budget Office, and 2004–14 Bureau of Labor Statistics Projections. Data as of March 29, 2018. | ||||
Year | BLS Projection | Actual Unemployment Rate | Potential (NAIRU) | |
|---|---|---|---|---|
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 | 8.1 | 5.1 | ||
2013 | 7.4 | 5.0 | ||
2014 | 5.0 | 6.2 | 4.9 | |
Source: Bureau of Labor Statistics Current Population Survey, Congressional Budget Office, and 2004–14 Bureau of Labor Statistics Projections. Data as of March 29, 2018. | ||||
Last Modified Date: August 1, 2018