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.
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 .
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.
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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Mish’s Global Econ. Trend Analysis
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Former state premier Matthias Platzeck, chairman of the German-Russian Forum business lobby and erstwhile Social Democrat (SPD) chief, is the first high-ranking German to say the West should endorse the ...
Please consider the Variant Perception article Higher Rents in the US are a Strong Support for CPI.
Despite the ...
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The paper says "it's a mystery" why the housing recovery did not have a bigger impact on millennials living at home.
The research paper, written by Zachary ...
France was a bit wary (and rightly so) over sleight of hand math from Jean-Claude Juncker, the new head of the European Commission.
Today we have the facts.
Symantec believes a Western intelligence agency is responsible.
Please consider World’s Most Advanced Hacking Spyware Let Loose
A cyber snooping operation reminiscent of the Stuxnet worm and ...
For example, please consider an announcement today by European Central Bank (ECB) Vice President Vitor Constancio: Europe not at risk of full-blown deflation.
During a debate in central Italy, Constancio said he did ...
Link if video does not play: Action Cam Footage Shows Eagle Flying Over ...
UKIP gained a second seat in British parliament as a result of a special election following a Tory defection to UKIP. The first UKIP seat ...
I replied something along the lines of "interesting, but I am going to bounce this of Jacob Dreizin", a US citizen who provides frequent updates to me ...