Economics Roundtable

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 .

Click on the image to get a bigger version.

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.

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

RSS Feed

Beat the Press (Dean Baker)

"Dean Baker’s commentary on economic reporting”

September 2, 2015, 9:23 am, 1537979
(Photo: AP/Jim Cole)

Carly Fiorina speaks during an education summit in New Hampshire on August 19.

However unlikely it is that ...

September 2, 2015, 9:23 am, 1537980
AP Photo/M. Spencer Green

McDonald's workers and supporters rally outside a McDonald's, Wednesday, April 15, 2015, in Chicago. 

Welcome to The Labor ...

September 1, 2015, 11:23 am, 1537374

AP Photo/John Locher

Democratic presidential candidate Hillary Rodham Clinton speaks at a town hall meeting Tuesday, August 18, 2015, in North Las ...

September 1, 2015, 11:23 am, 1537375

AP Photo/Evan Vucci

President Barack Obama, accompanied by Education Arne Duncan, speaks in the Rose Garden of the White House in Washington, ...

September 1, 2015, 11:23 am, 1537373
AP Photo/Manuel Balce Ceneta, File

Federal Reserve Chair Janet Yellen, from left, with Vice Chairman Stanley Fischer, and the board of ...

August 28, 2015, 9:23 am, 1535689
AP Photo/Wilfredo Lee

Democratic presidential candidate, former Maryland Governor Martin O'Malley, speaks before the National Urban League, Friday, July 31, 2015, ...

August 27, 2015, 9:23 am, 1535029
Center for Popular Democracy

A Fed Up rally in San Francisco on March 5, 2015. 

This week, Dawn O’Neil has traveled ...

August 26, 2015, 3:23 pm, 1534627
(Photo: AP/Gerald Herbert)

A decade ago, Hurricane Katrina flooded this now-abandoned strip mall in New Orleans.

The first time I saw ...

August 26, 2015, 9:23 am, 1534392


AP Photo/Mary Altaffer, File

In this Friday, Jan. 18 2013 file photo, activists hold signs during a rally at New York's ...

August 25, 2015, 9:23 am, 1533780
(Photo: AP/Mike Groll)

New York Governor Andrew Cuomo sits with Assembly Speaker Carl Heastie (left) and State Senate Majority Leader John ...