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%