Labor supply and factors affecting productivity

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**Table 4.1 Labor supply and factors affecting productivity, 2002, 2012, 2022, and projected 2032**
(Numbers in millions, unless otherwise noted)
Category	2002	2012	2022	2032	Compound annual rate of change, 2002–12	Compound annual rate of change, 2012–22	Compound annual rate of change, 2022–32
Labor supply:
Total population	287.9	314.5	333.5	350.9	0.9	0.6	0.5
Civilian noninstitutional population age 16 and older	217.6	243.3	264.0	282.6	1.1	0.8	0.7
Civilian labor force	144.9	155.0	164.3	170.7	0.7	0.6	0.4
Civilian labor force participation rate (percent)	66.6	63.7	62.2	60.4	-0.4	-0.2	-0.3
Civilian household employment	136.5	142.5	158.3	163.5	0.4	1.1	0.3
Nonagricultural payroll employment	130.6	134.2	152.6	157.2	0.3	1.3	0.3

Unemployment rate (percent)(1)	5.8	8.1	3.6	4.3	3.4	-7.6	1.6

Productivity:
Private nonfarm business output per hour, chained 2012 dollars	51.0	62.6	70.8	85.7	2.1	1.2	1.9
Footnotes: (1) Unemployment rates calculated and used within the projection model are made with less precise rounded values then those made by the Current Population Survey (CPS). Consequently, they may on occasion differ slightly from what is published by the CPS. 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 6, 2023