The best summary of the state of our economy is the graph (below) of employment as a fraction of population for people over 16 years old. The decrease is large, but the most troubling feature of the graph is the flat trend .
June Payroll Employment
The slowndown in employment growth over the past few months is starting to become more apparent in the graph below.
Click on the image to get a bigger version.
Focus on the Problem
U.S. payroll employment peaked at 132.5 million jobs in February 2001. For April 2012, U.S. payroll employment had reached 133.0 million jobs, marking the third month in a row above the February 2001 level.
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.
Looking Up At 2001
In February 2001, U.S. payroll employment peaked at 132.5 million. The November 2011 figure of 131.7 million still falls 800,000 jobs short of the earlier peak.
Money Supply M1 growth is now over 20% per year over a 12 month lag. M1 growth has touched 20% before, but not with excess reserves of $1.6 trillion. Where is M1 headed?
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U.S. Food Policy (Parke Wilde)
"U.S. Food Policy and Economics from a Public Interest Perspective”
The guests include AP reporter Mary Clare Jalonick, Boston Medical Center researcher and nationally known child health advocate Deborah Frank, and UC Davis ...
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Betti Wiggins, Director of Nutrition Services for Detroit Public Schools, is carrying out her vision for converting underutilized land to vegetable gardens. Hear it in her own voice, from the Detroit Stories project.
Thirty-years ago the number of ingredients used to sweeten foods and beverages could be counted on one hand. Today, there are 25 ingredients used to replace sugar. Regardless whether you think ...