The 2009 Long-Term Economic and Labor Force Forecast for Washington
June 2009
Also available: 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001
This annual forecast update contains long-term population, labor force, employment, and personal income projections for Washington State. The Office of Financial Management (OFM) Forecasting Division and the Employment Security Department Labor Market and Economic Analysis Branch jointly prepare the labor force and employment projections. The forecast horizon extends from 2009 to 2030. The medium-term forecast for the 2009-11 period is consistent with the February 2009 Economic and Revenue Council official state economic forecast.
In contrast to the short-term economic forecasts that focus on assessing business cycle conditions, long-term projections examine demographic trends, structural changes in industries, changes in production factors such as labor supply and capital investment, and technology/productivity advancements.
Individual Chapters:
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Chapter 1 - Long-Term Forecasts of Washington Population and Net Migration (pdf) - Chapter 2 - Long-Term Forecast of the Washington Labor Force (pdf)
- Chapter 3 - Long-Term Forecast of Washington Wage and Salary Employment (pdf)
- Chapter 4 - Long-Term Forecast of Washington Personal Income (pdf)
Last modified June 17, 2009
E-mail: OFM.Forecasting@ofm.wa.gov
