| Variable |
Assumption |
| Demographic assumptions |
| Population |
Projections are consistent with the Census Bureau estimates |
| 18- to 24-year-old population |
Census Bureau projection: average annual growth rate of 0.1% |
| 25- to 29-year-old population |
Census Bureau projection: average annual growth rate of 0.6% |
| 30- to 34-year-old population |
Census Bureau projection: average annual growth rate of 1.3% |
| 35- to 44-year-old population |
Census Bureau projection: average annual growth rate of 0.6% |
| Economic assumptions |
| Disposable income per capita in
constant dollars |
Annual percent changes range between -1.9% and 2.2%
with an annual growth rate of 1.4% |
| Education revenue receipts from state
sources per capita in constant dollars |
Annual percent changes range between -2.4% and 2.3%
with an annual growth rate of 1.3% |
| Inflation rate |
Inflation rate ranges between 1.0% and 2.0% |
| Unemployment rate (men) |
| Ages 18 and 19 |
Remains between 17.7% and 26.8% |
| Ages 20 to 24 |
Remains between 10.8% and 15.6% |
| Age 25 and over |
Remains between 5.3% and 7.9% |
| Unemployment rate (women) |
| Ages 18 and 19 |
Remains between 14.3% and 19.6% |
| Ages 20 to 24 |
Remains between 9.3% and 13.1% |
| Age 25 and over |
Remains between 5.0% and 7.3% |