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?


Click on the chart for a larger version.


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”


May 27, 2016, 3:23 pm, 1640508
(Photo: AP/Connecticut Post/Autumn Driscoll)

Dirt bike riders cruise illegally on a city street in Bridgeport, Connecticut, in November 2014.

When the ...


May 27, 2016, 5:23 am, 1640326

“Political revolution”—it’s the notable phrase of campaign 2016. For those who are for it, and feel like they’re in it, it’s worth the effort to get clear what it means and how it might be achieved.

Credit goes to Bernie Sanders for ...


May 27, 2016, 5:23 am, 1640325
(Photo: AP/Craig Ruttle)

Khalid Latif addresses students, faculty, and clergy at the Kimmel Center at NYU on February 29, 2012.

On ...


May 26, 2016, 1:23 pm, 1640144

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

Sam Wyly is a rich Texas businessman. In 2006, Forbes estimated his net worth as $1.1 billion. He and his brother Charles made their money in computers, a ...


May 26, 2016, 9:23 am, 1640056
AP Photo/Carolyn Kaster

Democratic presidential candidate and former Secretary of State Hillary Clinton, testifies on Capitol Hill in Washington, Thursday, October ...


May 25, 2016, 11:23 am, 1639730

When Bernie Sanders announced a year ago that he was running for president, few of his supporters—and probably not even Sanders himself—expected that he would actually win.  It appeared that Sanders, like his hero Eugene Debs—who ran for president five times ...


May 25, 2016, 11:23 am, 1639731
AP Photo/South Bend Tribune, Robert Franklin

Purvi Patel is taken into custody after being sentenced to 20 years in prison for ...


May 24, 2016, 5:23 am, 1639236
AP Photo/Albuquerque Journal, Eddie Moore

Former New Mexico Governor Gary Johnson speaks at a news conference during which he announced he ...


May 24, 2016, 5:23 am, 1639235
AP Photo/Teresa Crawford

Shavonne Simmons, center, and Solo Littlejohn, right, join protesters calling for a union and pay of $15 an ...


May 23, 2016, 5:23 am, 1638883
(Photo: AP/picture-alliance/Chris Kleponis)

GOP presidential candidate Donald Trump arrives for a metting with House Speaker Paul Ryan at the National Republican ...