Employment and Labor Markets
- Presentation
The Effect of Employer Matching and Defaults on Workers' TSP Savings Behavior
Presentation by Justin Falk and Nadia Karamcheva, analysts in CBO's Labor, Income Security, and Long-Term Analysis Division, to the Savings and Retirement Foundation.
- Interactive
Workbook for How Changes in Economic Conditions Might Affect the Federal Budget, June 2021
This workbook allows users to define and analyze alternative economic scenarios by specifying differences in the values of four economic variables relative to the values for those variables underlying CBO's February 2021 projections.
- Working Paper
Discrete Choice Models for Estimating Labor Supply: Working Paper 2021-04
This paper evaluates discrete choice models as tools for analyzing the effects of tax and transfer policies on labor supply.
- Presentation
The Budget and Economic Outlook
Presentation by Jeffrey F. Werling, CBO’s Director of Macroeconomic Analysis, to the Society of Government Economists.
- Blog Post
CBO Updates Its Interactive Tool for Analyzing the Effects of Federal Minimum-Wage Increases
CBO updated its interactive tool that allows users to design options for increasing the minimum wage and to examine how they would affect earnings, employment, family income, and poverty.
- Report
Additional Information About the Budget Outlook: 2021 to 2031
This document provides additional information about the baseline budget projections that CBO released on February 11, 2021.
- Report
The 2021 Long-Term Budget Outlook
CBO presents its projections of the federal budget for the next 30 years if current laws governing taxes and spending generally did not change. Growth in revenues would be outpaced by growth in spending, leading to rising deficits and debt.
- Report
Additional Information About the Economic Outlook: 2021 to 2031
This document provides additional information on the economic forecast that CBO initially released on February 1, 2021.
- Report
The Breadth of the Budgetary Effects of the Raise the Wage Act of 2021 Compared with Certain Other Reconciliation Legislation
CBO provides information on the breadth of the budgetary effects of the Raise the Wage Act of 2021 compared with certain other reconciliation legislation the agency has analyzed.
- Report
The Budget and Economic Outlook: 2021 to 2031
If current laws governing taxes and spending generally remain unchanged, CBO projects, in 2021, the federal budget deficit will total $2.3 trillion, federal debt will reach 102 percent of GDP, and real GDP will grow by 3.7 percent.