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Employment Projections

Labor supply and factors affecting productivity

Other available formats: (XLSX)

Table 4.1 Labor supply and factors affecting productivity, 2000, 2010, 2020, and projected 2030
(Numbers in millions, unless otherwise noted)

Category

2000

2010

2020

2030

Compound annual rate of change, 2000–10

Compound annual rate of change, 2010–20

Compound annual rate of change, 2020–30

Labor supply:

Total population

282.5

309.6

329.5

350.5

0.9

0.6

0.6

Civilian noninstitutional population age 16 and older

212.6

237.8

260.3

281.1

1.1

0.9

0.8

Civilian labor force

142.6

153.9

160.7

169.6

0.8

0.4

0.5

Civilian labor force participation rate (percent)

67.1

64.7

61.7

60.4

-0.4

-0.5

-0.2

Civilian household employment

136.9

139.1

147.8

162.3

0.2

0.6

0.9

Nonagricultural payroll employment

132.0

130.3

142.3

154.0

-0.1

0.9

0.8

 

Unemployment rate (percent)

4.0

9.6

8.1

4.3

9.2

-1.7

-6.1

 

Productivity:

Private nonfarm business output per hour, chained 2012 dollars

49.0

63.9

71.3

84.3

2.7

1.1

1.7

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

Last Modified Date: September 8, 2021