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Employment Projections
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Macro Projections Evaluation: 2008–2018
| Year | BLS Projection | BEA Actual | Potential |
|---|---|---|---|
|
1998 |
12,038.3 | 11,884.1 | |
|
1999 |
12,610.5 | 12,392.3 | |
|
2000 |
13,131.0 | 12,917.7 | |
|
2001 |
13,262.1 | 13,401.8 | |
|
2002 |
13,493.1 | 13,810.5 | |
|
2003 |
13,879.1 | 14,182.5 | |
|
2004 |
14,406.4 | 14,562.1 | |
|
2005 |
14,912.5 | 14,946.8 | |
|
2006 |
15,338.3 | 15,281.8 | |
|
2007 |
15,626.0 | 15,579.6 | |
|
2008 |
15,604.7 | 15,868.0 | |
|
2009 |
15,208.8 | 16,105.7 | |
|
2010 |
15,598.8 | 16,279.6 | |
|
2011 |
15,840.7 | 16,472.7 | |
|
2012 |
16,197.0 | 16,711.7 | |
|
2013 |
16,495.4 | 16,987.3 | |
|
2014 |
16,912.0 | 17,279.4 | |
|
2015 |
17,403.8 | 17,584.7 | |
|
2016 |
17,688.9 | 17,892.4 | |
|
2017 |
18,108.1 | 18,197.7 | |
|
2018 |
19,736.9 | 18,638.2 | 18,535.8 |
| Year | BLS Projected | Actual Unemp Rate | Potential |
|---|---|---|---|
|
1998 |
4.5 | 5.3 | |
|
1999 |
4.2 | 5.3 | |
|
2000 |
4.0 | 5.2 | |
|
2001 |
4.7 | 5.2 | |
|
2002 |
5.8 | 5.1 | |
|
2003 |
6.0 | 5.1 | |
|
2004 |
5.5 | 5.0 | |
|
2005 |
5.1 | 5.0 | |
|
2006 |
4.6 | 5.0 | |
|
2007 |
4.6 | 5.0 | |
|
2008 |
5.8 | 4.9 | |
|
2009 |
9.3 | 5.0 | |
|
2010 |
9.6 | 5.0 | |
|
2011 |
8.9 | 5.1 | |
|
2012 |
8.1 | 5.0 | |
|
2013 |
7.4 | 5.0 | |
|
2014 |
6.2 | 4.8 | |
|
2015 |
5.3 | 4.7 | |
|
2016 |
4.9 | 4.6 | |
|
2017 |
4.4 | 4.6 | |
|
2018 |
5.1 | 3.9 | 4.6 |
|
Source: Bureau of Labor Statistics Current Population Survey, Congressional Budget Office, 2008-2018 Bureau of Labor Statistics |
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Last Modified Date: December 15, 2023