Economics Roundtable

NOTICE 4/30/18

The Economics Roundtable is back. The technical problem that has limited the set of blogs has been resolved. The RSS feed is, however, still not working.

Flushing caches will likely cause some old posts to show up for a day or two.

Employment as a Percentage of Population

The graph below shows employment as a fraction of population for people over 16 years old.

Click on the image to get a bigger version.

March 2017 Payroll Employment

Payroll employment has not grown impressively since 2000. Some baby-boomers retired, but that does not totally account for this graph.

Click on the image to get a bigger version.

May 2014 Payroll Employment

After 76 months, we finally got back to the prerecession level of payroll employment.

Click on the image to get a bigger version.

Graph-of-the-Year Candidates

Donald Marron likes European interest rates. Click on the image to get a bigger version. Can you find three distinct subperiods?

Brad DeLong favors the U.S. gdp gap.

RSS Feed

The Capital Speculator (J. Picerno)

"Money, Oil, Economics & the Search for the Bottom Line”

December 16, 2018, 9:12 am, 1929735

It’s the worst alternative, except when compared to everything else, which is why Britain should take the get-out-of-Brexit-free card offered the European Court of Justice (EOJ). Last week, ECJ judges ruled that Britain can unilaterally cancel Brexit. Wouldn’t that run afoul of the 2016 referendum that delivered a 52%-to-48% win ...

December 15, 2018, 8:13 am, 1929609

December 14, 2018, 7:13 am, 1929335

An estimate of financial stress in US financial markets edged up last week to the highest level since April 2016, based on the St. Louis Fed Financial Stress Index (STLFSI). Although the benchmark remains well below zero, which implies a below-average level of stress, the steady rise in recent ...

December 14, 2018, 5:33 am, 1929311

China’s retail and industrial sectors post sharply softer growth in Nov: Reuters
Eurozone growth slips to slowest pace in over 4 years in PMI survey: IHS Markit
EU offers no concessions to UK’s embattled PM for Brexit deal: ...

December 13, 2018, 9:12 am, 1929051

The tenth anniversary this past September of the collapse of Lehman Brothers inspired a blizzard of commentary, including some deeply misguided observations. One misunderstanding is that Lehman’s demise caused the Great Recession. In fact, the downturn started months earlier in the US, as NBER’s recession dates show. But there’s ...

December 13, 2018, 5:53 am, 1928980

Pelosi secures deal to be next Speaker of the House: Slate
Developments in Mueller probe whip up impeachment talk among Dems: Fox
UK prime minister survives leadership vote: CNBC
Britain’s weakened prime minister ...

December 12, 2018, 7:33 am, 1928713

With less than three weeks before the last trading session of the year, equity markets in the Mideast appear set to deliver the strongest (and perhaps only) gain for 2018 among the world’s major regions, based on a set of exchange-traded products.

Despite a surge in market volatility ...

December 12, 2018, 5:53 am, 1928680

Trump says he’ll consider shutting gov’t over border wall: Bloomberg
CFO of China’s tech giant Huawei released on bail in Canada: CNN
China detains former Canadian diplomat: SCMP
Trump says Fed rate hike ...

December 11, 2018, 7:13 am, 1928350

The implied inflation outlook via Treasury yield spreads in recent months has been pricing in a possibility that inflation has peaked. The forecast is debatable, but right or wrong the government bond market is doubling down on that bet.

The widely followed rate difference between the nominal and ...

December 11, 2018, 5:53 am, 1928323

Impeachment risk is rising for Trump: Bloomberg
US and China start new round of trade talks: WSJ
White House plans to roll back clean water rules: Axios
Trump administration promotes fossil fuels at ...