Economics Roundtable

May 2014 Payroll Employment

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

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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 .

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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.

Remember M1?

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?

Click on the chart for a larger version.


The Economics Roundtable is sponsored by EconModel.

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Beat the Press (Dean Baker)

"Dean Baker’s commentary on economic reporting”

May 3, 2016, 11:23 am, 1632510
(Photo:Jack Dempsey/AP)

Welcome to The American Prospect’s weekly roundup highlighting the best reporting and latest developments in the labor movement. 

(Compiled by Justin Miller—Edited by Harold Meyerson)

When a company does something ...

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AP Photo/Matt Rourke

Democratic presidential candidate Hillary Clinton speaks during a campaign stop, Monday, April 25, 2016, at City Hall in ...

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AP Photo

New Yorkers, later joined by New Hampshire, demonstrate during anti-war plank at the Democratic National Convention in Chicago on ...

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AP Photo/Paul Sancya

Democratic presidential candidate Hillary Clinton speaks at the NAACP's 61st annual Fight for Freedom Fund dinner in ...

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AP Photo

General view of the great crowds of organized and unorganized workers who took part in the May Day demonstration ...

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(Photo: AP/Manuel Balce Ceneta)

Representative Daniel Kildee of Michigan speaks to reporters about the Flint, Michigan, lead poisoning during a news ...

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(Photo: AP/Charles Dharapak)

President Barack Obama stands with former presidents George W. Bush and Bill Clinton at the dedication of the ...

April 28, 2016, 11:23 am, 1630840

This article appears in the Spring 2016 issue of The American Prospect magazine. Subscribe here

Sometime in July—assuming nothing derails her nomination—Hillary Clinton will announce to the country the man or woman she has selected to be her running mate. There will then ensue ...

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(Photo: AP/Bill Clark/CQ Roll Call)

Democracy Spring protesters on Capitol Hill on April 13 demonstrate against big money in politics.

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AP Photo/Craig Ruttle

Labor unions and others join Occupy Wall Street during a march in Lower Manhattan as they arrive near ...