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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WSJ:  Washington Wire

"Political Insight and Analysis From The Wall Street Journal’s Capital Bureau”


August 27, 2015, 6:44 pm, 1535351
President Barack Obama said Thursday that the U.S. economy "has been moving and continues to grow."


August 27, 2015, 2:45 pm, 1535206
Robert Litan: Akerlof and Shiller write that markets on and off the Internet are full of phishing behavior and that tricksters are not just one-off crooks but will remain part of capitalist economies.


August 26, 2015, 8:44 am, 1534329
The Capital Journal Daybreak newsletter is The Wall Street Journal's morning rundown of the biggest news stories and exclusive features from Washington on politics, policy, financial regulation, defense and more.


August 21, 2015, 4:44 pm, 1532453
In the Washington bureau's Friday afternoon newsletter: U.S. strike kills Islamic State's second-in-command; market rout accelerates in the U.S.; and Bernie Sanders adapts to his sudden popularity.


August 20, 2015, 8:44 pm, 1531941
GOP front-runner Donald Trump is right: A little under 93 million people in America do not have jobs.


July 30, 2015, 8:44 pm, 1518937
It's the economy, again. After upticks in good economic feelings in recent months, surveys this week suggest Americans are growing increasingly edgy about the country’s economic future headed into the election season.


July 30, 2015, 10:44 am, 1518547
Two weeks into President Barack Obama's campaign to win backing for the Iran nuclear deal in Congress, it's increasingly clear his strategy is focused on gaining just enough Democratic support to sustain a presidential veto should lawmakers reject the agreement.


July 30, 2015, 10:44 am, 1518546
It's the economy, again. After upticks in good economic feelings in recent months, surveys this week suggest Americans are growing increasingly edgy about the country’s economic future headed into the election season.


July 30, 2015, 8:44 am, 1518462
Two weeks into President Barack Obama's campaign to win backing for the Iran nuclear deal in Congress, it's increasingly clear his strategy is focused on gaining just enough Democratic support to sustain a presidential veto should lawmakers reject the agreement.


July 28, 2015, 6:44 am, 1516773
Tuesday, the reformicons are launching part two of their attack on political orthodoxy, with the release of the first three of 19 new policy essays, which deal with higher education, the environment and entrepreneurship. ...