Nonfarm Payroll Employment
The Graph of the Week is the nonfarm payroll employment forecast from the May 2008 NABE Outlook. From the outlook:
Increases in projections for unemployment and the federal budget deficit have accompanied the downgrades in expectations for GDP. The panel sees the unemployment rate averaging 5.3% in 2008 and 5.6% in 2009; the previous call was for the jobless rate to average 5.2% in both years.
NABE members can read the full report here. A summary is available to the public.