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Employment Projections
Bureau of Labor Statistics > Employment Projections > Data

Labor Force Projections: Summary of Evaluations

Percent of labor force segments correctly projected to grow or decline
Projections set Percent correct

2004-14

 97%

2006-16

 96%

2008-18

 91%
Labor force growth rates, projected vs. actual
Projections set BLS Naïve Actual

2004-14

 10% 11% 6%

2006-16

 8% 7% 5%

2008-18

 8% 7% 5%
Weighted mean absolute percent error in projected labor force levels
Projections set BLS Naïve

2004-14

 4.47% 4.54%

2006-16

 3.83% 3.59%

2008-18

 3.95% 4.17%
Return to Projections Evaluation Homepage

 

Last Modified Date: March 16, 2020