Updated 1/27/2016
The Jobs Calculator calculates the net employment change needed to achieve a target unemployment rate after a specified number of months. The user can adjust the target unemployment rate, the number of months, and the assumed labor force growth. See the Surveys and Statistics tab for information on the formulas, definitions, and data behind the Jobs Calculator.

Target and Time Frame:
Enter the target unemployment rate (as XX.X%). %      
Enter how many months until target unemployment rate is achieved.          
Results:
Average monthly change in payroll employment needed to achieve the target unemployment rate: 0
  Show Household Employment Results (CPS)
Historical Perspective
Labor Market Statistic Changeable Assumptions Current Statistics*
Civilian noninstitutional population, 16yr+, (CPS, Household Survey) 1,452,000
Employment (CPS) 985,387
Employment (CES, Establishment Survey) 1,011,000
Average monthly CES/CPS employment ratio (enter as X.XXX)    
1.019
Number of unemployed (CPS) 29,715
Civilian labor force (CPS) 0
Unemployment rate (CPS) 0%
Labor force participation rate (CPS) (enter as XX.X%): % 0%
Average monthly population growth rate (enter as X.XXXX%): %
0.069%
Based on the assumed labor force participation rate and monthly population growth rate, the following monthly growth rate for the labor force is implied:   0%