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 .


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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 30, 2014, 10:44 pm, 1327061
Salim Furth: The unexpected drop in wages scores a point for analysts who said the Affordable Care Act would lower wages.


August 30, 2014, 12:44 am, 1326857
Salim Furth: The unexpected drop in wages scores a point for analysts who said the Affordable Care Act would lower wages.


August 29, 2014, 10:44 am, 1326547
Salim Furth: The unexpected drop in wages scores a point for analysts who said the Affordable Care Act would lower wages.


August 29, 2014, 6:44 am, 1326470
As the summer comes to a close and the election season heats up, U.S. economic data remain muddled. WSJ's Sudeep Reddy explains how Democrats and Republicans may use this information to communicate to voters on the health of the economy.


August 28, 2014, 6:45 pm, 1326226
David Wessel: A guide to understanding the federal deficit and the Congressional Budget Office's updated numbers.


August 28, 2014, 6:45 pm, 1326225
Should Hillary Clinton run for president, she may need to close the revolving door of Democratic economic advisers if she hopes to gain stronger support from America's labor movement.


August 28, 2014, 2:44 pm, 1326070
Should Hillary Clinton run for president, she may need to close the revolving door of Democratic economic advisers if she hopes to gain stronger support from America's labor movement.


August 28, 2014, 12:44 pm, 1325997
David Wessel: A guide to understanding the federal deficit and the Congressional Budget Office's updated numbers.


August 28, 2014, 6:44 am, 1325780
Glen Bolger: Voters place a much higher priority on ideas for economic growth than ideas for economic justice.


August 27, 2014, 2:44 pm, 1325422
Glen Bolger: Voters place a much higher priority on ideas for economic growth than ideas for economic justice.