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 .
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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Export-dependent economies such as the Philippines are vulnerable to external shocks, Katrina Ell tells Bloomberg News.
How did Hurricane Irene affect the U.S. economic landscape? Ryan Sweet examines the impact on PBS' Nightly Business Report (starts at 6:00 minutes).
Policymakers can and likely will do more to support the economy, Mark Zandi tells Bloomberg News.
The risks are rising, but skilled policy can keep the U.S. out of recession, Mark Zandi tells CBS News
The latest FOMC minutes show the central bank trimming its view of U.S. potential growth, Mark Zandi tells CNBC.
U.S. payrolls were flat in August, and the unemployment rate stayed at 9.1%. Mark Zandi discusses the numbers with CNBC.
Washington gridlock nudges up the odds of a new downturn, Mark Zandi tells CBS' "Face the Nation."
Even with a plan, the jobless rate may not fall below 9% in 2012, Mark Zandi tells Bloomberg.
After a string of bleak numbers, the outlook is looking dimmer but not hopeless. Mark Zandi discusses with CNBC.
September's U.S. employment report shows tepid growth and no change in the unemployment rate. Mark Zandi comments on CNBC.