Labor supply and factors affecting productivity

This file represents Table 11. Labor supply and factors affecting productivity, 1986, 1996, 2006, and projected 2016, in "The U.S. Economy to 2016: slower growth as boomers begin to retire," published in the November 2007 Monthly Labor Review.

Table 11. Labor supply and factors affecting productivity, 1986, 1996, 2006, and projected 2016
Category Levels Average annual
rate of change
   1986       1996       2006       2016    1986-
        96  		 1996-
      2006		 2006-
        16  

Labor supply (in millions, unless noted):

Total population

 240.4 269.8 300.4 327.0 1.2 1.1 0.9

Population aged 16 and older

 180.6 200.6 228.8 250.6 1.1 1.3 0.9

Civilian labor force

 117.8 133.9 151.4 164.2 1.3 1.2 0.8

Civilian household employment

 109.6 126.7 144.4 155.9 1.5 1.3 0.8

Nonfarm payroll employment

 99.5 119.7 136.2 151.1 1.9 1.3 1.0
 

Unemployment rate (percent)

 7.0 5.4 4.6 5.0 -2.6 -1.5 0.8
 

Productivity:

Private nonfarm business output per hour
(billions of chained 2000 dollars)

 30.4 35.3 45.6 56.9 1.5 2.6 2.2

SOURCE: Historical data, Bureau of Economic Analysis; projected data, Bureau of Labor Statistics.

Back to top

 

Last Modified Date: December 27, 2007