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Unemployment Rate August 2012 http://go.usa.gov/7QY(Percent) Charts from CBO's August 2012 Budget and Economic Outlook

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Unemployment Rate August 2012 http://go.usa.gov/7QY(Percent) 12 Actual Projected 9.9 2009, 4Q 10 9.1 2013, 4Q CBO’s 8 8.2 Baseline 2012, 2Q Projection 5.8 2003, 4Q 8.0 6 2013, 4Q Alternative Fiscal Scenario 4 4.4 3.9 2006, 4Q 2000, 4Q 2 0 2000 2005 2010 2015 2020Because of the sharp deficit reduction that will occur under current law, CBO projects that the unemployment rate will rise to about 9 percent inthe fourth quarter of 2013. Under an alternative scenario, in which some changes specified in current law would not occur and many tax andspending policies that have been in effect in recent years would continue instead, unemployment would remain near 8 percent in 2013. C ONGRESSIONAL B UDGET O FFICE

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