Economics Roundtable

May 2014 Payroll Employment

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

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Jobs

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?


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EconModel

The Economics Roundtable is sponsored by EconModel.

The Classic Economic Models cover micro, macro, and financial markets.


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Beat the Press (Dean Baker)

"Dean Baker’s commentary on economic reporting”


July 29, 2016, 3:23 pm, 1658740


July 29, 2016, 3:23 pm, 1658741
AP Photo/Andrew Harnik

Democratic presidential candidate Hillary Clinton and Democratic vice presidential candidate, Senator Tim Kaine, right, stand on stage during ...


July 29, 2016, 1:23 pm, 1658697
AP Photo/Paul Sancya

Clinton and Sanders campaign signs are held during the second day of the Democratic National Convention in Philadelphia, ...


July 29, 2016, 9:23 am, 1658589
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Hillary Clinton speaks during the final night of the Democratic National Convention, after formally ...


July 28, 2016, 7:23 pm, 1658367
AP Photo/Andrew Harnik

President Barack Obama and Democratic presidential candidate Hillary Clinton wave as they appear ...


July 28, 2016, 11:23 am, 1658187
AP Photo/J. David Ake, File

National Education Association President Lily Eskelsen Garcia. 


July 28, 2016, 11:23 am, 1658186
(Photo: AP/John Minchillo)

Black Lives Matter demonstrators participate in a protest march in Philadelphia on Tuesday, July 26, 2016.


July 28, 2016, 9:23 am, 1658144
Riccardo Savi/Sipa via AP Images

President Barack Obama delivers remarks on the third day of the Democratic National Convention at the ...


July 28, 2016, 5:23 am, 1658065
Ronen Zvulun/Pool Photo via AP

Israeli Prime Minister Benjamin Netanyahu attends the weekly Cabinet meeting in Jerusalem Sunday, July 24, 2016. 


July 27, 2016, 3:23 pm, 1657811
(Photo: AP/Matt Slocum)

Travelers walk through the Philadelphia International Airport on May 27, 2016.

For all the discord and angry protests ...