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?
The Economics Roundtable is sponsored by EconModel.
The Classic Economic Models cover micro, macro, and financial markets.
Mish’s Global Econ. Trend Analysis
"Thoughts on the great inflation/deflation/stagflation debate as well as discussions on commodities, currencies, interest rates, and policy decisions that affect the global markets.”
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 ...
Michael Writes ...
I am attaching the original, but ...
Inquiring minds note that Italy Accuses Brussels of ‘Shaky’ Accounting. That's certainly not a shocking accusation.
"Shaky" is exactly what one should expect when you get a bunch of nannycrats who believe Nirvana is on the horizon if wealth and taxes ...
The Markit Flash France PMI shows French private sector output falls for seventh successive month.
Flash France Composite Output ...