Payroll employment growth in perspective: Monthly employment growth under various scenarios, July 2017
| Measure | Payroll employment |
|---|---|
| Monthly payroll employment growth needed to keep up with working age population growth over the next year | 90 |
| . . . and lower the unemployment rate to 4% over the next year | 146 |
| . . . and pull in 1 million more people into the labor force over the next year | 223 |
Source: EPI analysis of Bureau of Labor Statistics' (BLS) Current Employment Statistics public data, BLS's Current Population Survey public data, and Congressional Budget Office's projections from An Update to the Budget and Economic Outlook: 2017 to 2027