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.


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.


The Economics Roundtable is sponsored by EconModel.

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

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WSJ:  Real Time Economics

"Economic insight and analysis from the Wall Street Journal.”

October 5, 2015, 5:03 pm, 1553471
The Trans-Pacific Partnership in 11 questions.

October 5, 2015, 1:03 pm, 1553319
Japanese Prime Minister Shinzo Abe arrives to speak before the U.N. General Assembly in New York last week. MIKE SEGAR/REUTERS

Among the big winners from Monday ...

October 5, 2015, 11:03 am, 1553261
A job seeker fills out an application at a Chicago job fair. It’s now rare, rather that common, for unemployed Americans to get benefit checks. M. SPENCER GREEN/ASSOCIATED PRESS

The ...

October 2, 2015, 5:03 pm, 1552632
New data on services, trade and consumer borrowing will shed light on how key sectors are faring.

October 2, 2015, 3:03 pm, 1552564
A peaceful protest against drug-protection proposals typifies the small, issue-focused demonstrations this week in Atlanta, where 12 countries are negotiating the Trans-Pacific Partnership. WILLIAM MAULDIN/THE WALL STREET ...

October 2, 2015, 11:03 am, 1552401
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Nonfarm payrolls increased ...

October 2, 2015, 11:03 am, 1552400
Job seekers fill out paperwork at booths during a weekly job fair in Dallas in September. LAURA BUCKMAN/BLOOMBERG NEWS

The U.S. economy added 142,000 jobs in ...

October 2, 2015, 9:03 am, 1552340
The U.S. economy added fewer jobs than expected in September, the Labor Department reported Friday.

October 1, 2015, 5:03 pm, 1552037
Some analysts think the Bureau of Labor Statistics’ method of estimating how many businesses open and close inflates jobs numbers. Not so, says a Bank of America Merrill Lynch economist.

October 1, 2015, 11:03 am, 1551796
The September jobs report out Friday will show the U.S. economy's resilience in the face of stock-market turmoil and economic troubles abroad.