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Actual versus projected labor force participation rates for projections from 1996–2006, 1998–2008, 2000–10
Projection years
Projected
Actual
1996–2006
67.6
66.2
1998–2008
67.6
66.0
2000–10
67.5
64.7
The labor force participation rate that BLS projected for 2006 was 67.6 percent, but the actual rate was more than a percentage point lower, at 66.2 percent. Similarly, the projected rate for 2008 was 67.6 percent, but the actual rate was 66.0 percent. Finally, for 2010, the projected rate (67.5 percent) was nearly 3 percentage points higher than the actual rate (64.7 percent), which was much lower than expected because of the recession of 2007–09.
United States Department of Labor
