Title:

Projecting Unemployment and Demographic Trends, No. 19-09

PREVIOUS | NEXT

Projecting Unemployment and Demographic Trends, No. 19-09

DATE: September 2019

PART OF: AUTHORS: CONTRIBUTING AUTHOR:

ABSTRACT: Demographic forces have profoundly shaped the dynamics of U.S. labor force participation and unemployment over the past forty years. Recognizing the importance of these employment indicators for the conduct of monetary policy, this Economic Brief explores how they have been influenced by the U.S. population's changing gender, educational, and age profile. Based on the authors' estimates, the trend U.S. unemployment rate will decline to 4.3 percent over the next ten years as the population continues to age and increase its educational attainment.

Download (pdf) View Full Text

Share this page:


Diversity is critical to the Federal Reserve, and we are firmly committed to fostering a diverse and inclusive culture throughout the Federal Reserve System. Collections within FRASER contain historical language, content, and descriptions that reflect the time period within which they were created and the views of their creators. Certain collections contain objectionable content—for example, discriminatory or biased language used to refer to racial, ethnic, and cultural groups. These viewpoints and attitudes are inconsistent with our values, but the original descriptions are retained to ensure that they are not erased from the historical record.
Save & Share
less

Hornstein, Andreas , Kudlyak, Marianna , Mullin, John and Federal Reserve Bank of Richmond. "Projecting Unemployment and Demographic Trends, No. 19-09," Economic Brief (September 2019). https://fraser.stlouisfed.org/title/6034/item/584504, accessed on February 9, 2023.

More Information
less

THEMES:

Metadata (XML)
Metadata (JSON)