January 2014 Payroll Employment
We are getting closer to the previous peak.
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 .
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.
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?
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Even with a plan, the jobless rate may not fall below 9% in 2012, Mark Zandi tells Bloomberg.
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U.S. payrolls were flat in August, and the unemployment rate stayed at 9.1%. Mark Zandi discusses the numbers with CNBC.
The latest FOMC minutes show the central bank trimming its view of U.S. potential growth, Mark Zandi tells CNBC.
Washington gridlock nudges up the odds of a new downturn, Mark Zandi tells CBS' "Face the Nation."
September's U.S. employment report shows tepid growth and no change in the unemployment rate. Mark Zandi comments on CNBC.
Can Washington help stave off recession and still deal with the long-term deficit? And what about the housing market? Mark Zandi discusses with CNN.
The U.S. isn't in recession, but has a long way to go before we can breathe easy. Mark Zandi discusses the latest data with Bloomberg TV.
Coming up, a free web conference on the European outlook.
The GOP's presidential hopefuls are expected to confront the jobs question when they debate this week. Mark Zandi frames the issue with Bloomberg.