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.


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 .


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.


EconModel

The Economics Roundtable is sponsored by EconModel.

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


RSS Feed

Undercover Economist (Tim Harford)


September 19, 2014, 9:23 am, 1337909
It was Selten’s chain store paradox that first attracted me to economics, with a heady mixture of logic, psychology and military strategy


September 12, 2014, 9:23 am, 1333886
In a world of limited generosity, who is to say which cause should be at the head of the queue?


September 5, 2014, 11:23 am, 1329968
Don’t draw up your task list in the morning – do it the evening before, when you will have a more distant perspective


August 12, 2014, 7:23 am, 1316832
The cut and thrust of smaller competitors seems a reliable way to produce many of the everyday innovations that matter


August 5, 2014, 7:23 pm, 1312136
Some research on students suggests economics either attracts or creates sociopaths


August 5, 2014, 7:23 pm, 1312137
Research shows that employers ignore people who have been out of work for more than six months


August 5, 2014, 7:23 pm, 1312135
People drift in and out of all income groups as a result of luck or the life-cycle of a career


August 5, 2014, 7:23 pm, 1312132
Since Londoners cannot seem to stop asking, ‘Is there a bubble?’, I’ve been trying to figure out the answer


August 5, 2014, 7:23 pm, 1312133
Somebody, somewhere has to be able to say, ‘That’s great – but it just costs too much’


August 5, 2014, 7:23 pm, 1312134
There are perils to treating patients not as human beings but as means to some glorious end