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

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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”


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 ...