Table V.B2--Additional Economic Factors
Calendar Years 1960-2003
Historical Period


Average annual percentage increase in--

Calendar year Average annual
unemployment rate
(percent)		 Labor
force 2		 Total
Employment 3		 Real
GDP 4		 Average annual
interest rate 1
(percent)
1960 5.5 1.9 1.7 2.5 2.9
1961 6.7 1.1 .0 2.3 3.8
1962 5.6 .2 1.8 6.0 3.9
1963 5.6 1.7 1.4 4.3 3.9
1964 5.2 1.7 2.2 5.8 4.1
1965 4.5 1.9 2.4 6.4 4.2
1966 3.8 1.8 3.0 6.6 4.9
1967 3.8 2.1 2.4 2.5 5.0
1968 3.6 1.8 2.1 4.8 5.5
1969 3.5 2.5 2.4 3.0 6.6
1970 5.0 2.6 .6 .2 7.3
1971 6.0 1.9 .4 3.3 6.0
1972 5.6 3.1 2.9 5.4 5.9
1973 4.9 2.7 3.3 5.8 6.6
1974 5.6 2.9 1.9 -.6 7.5
1975 8.5 2.0 -1.1 -.4 7.4
1976 7.7 2.5 3.3 5.6 7.1
1977 7.1 2.9 3.6 4.6 7.1
1978 6.1 3.3 4.3 5.5 8.2
1979 5.9 2.7 2.8 3.2 9.1
1980 7.2 1.9 .5 -.2 11.0
1981 7.6 1.6 1.1 2.4 13.3
1982 9.7 1.4 -.8 -2.0 12.8
1983 9.6 1.2 1.3 4.3 11.0
1984 7.5 1.8 4.1 7.3 12.4
1985 7.2 1.7 2.0 3.8 10.8
1986 7.0 2.1 2.2 3.4 8.0
1987 6.2 1.7 2.6 3.4 8.4
1988 5.5 1.5 2.2 4.2 8.8
1989 5.3 1.8 2.0 3.5 8.7
1990 5.6 1.6 1.2 1.8 8.6
1991 6.9 .4 -.9 -.5 8.0
1992 7.5 1.4 .5 3.1 7.1
1993 6.9 .8 1.3 2.7 6.1
1994 6.1 1.4 2.2 4.0 7.1
1995 5.6 1.0 1.4 2.7 6.9
1996 5.4 1.2 1.4 3.6 6.6
1997 4.9 1.8 2.2 4.4 6.6
1998 4.5 1.0 1.4 4.3 5.6
1999 4.2 1.2 1.5 4.1 5.9
2000 4.0 2.3 2.5 3.8 6.2
2001 4.8 .8 .0 .3 5.2
2002 5.8 .8 -.3 2.4 4.9
2003 6.0 1.2 .9 3.1 4.1
1The average annual interest rate is the average of the nominal interest rates, which, in practice, are compounded semiannually, for special public-debt obligations issuable to the trust funds in each of the 12 months of the year.
2The U.S. civilian labor force concept is used here.
3Total of civilian and military employment in the U.S. economy.
4The real GDP (gross domestic product) is the value of total output of goods and services in 1996 dollars.

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