Economics Roundtable

NOTICE 4/30/18

The Economics Roundtable is back. The technical problem that has limited the set of blogs has been resolved. The RSS feed is, however, still not working.

Flushing caches will likely cause some old posts to show up for a day or two.


Employment as a Percentage of Population

The graph below shows employment as a fraction of population for people over 16 years old.


Click on the image to get a bigger version.


March 2017 Payroll Employment

Payroll employment has not grown impressively since 2000. Some baby-boomers retired, but that does not totally account for this graph.

Click on the image to get a bigger version.


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.


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.


RSS Feed

artdiamondblog.com

"Art Diamond’s web log”


November 5, 2018, 5:04 am, 1916108




















October 31, 2018, 5:04 am, 1913942



(p. A3) A yearslong decline in the number of layoffs is providing a renewed level of job security to factory workers, who had seen their ranks thin since the late 1970s.


. . .


"We've become much more careful about letting people go," said David Nicholson, ...


October 28, 2018, 5:04 am, 1912631



(p. B1) New software is automating mundane office tasks in operations like accounting, billing, payments and customer service. The programs can scan documents, enter numbers into spreadsheets, check the accuracy of customer records and make payments with a few automated computer keystrokes.

The technology is still in its infancy, ...


October 13, 2018, 5:04 am, 1907189



(p. A11) Over the past few years, San Francisco in particular, and California in general, has increased the cost to hire and train employees at risk of being automated. The minimum wage will rise to $15 an hour in San Francisco in 2018. The rest of California will ...


October 9, 2018, 5:03 am, 1905967



The author of the comments quoted below is a Duke University Professor of Computer Science.



(p. A15) For those not working in AI, it can be difficult to interpret achievements in the field.


. . .


. . . the AI ...


October 8, 2018, 5:03 am, 1905639



(p. B5) At least 21 new job categories may soon emerge from technological and other societal changes, says a new report from IT-services and consulting firm Cognizant Technology Solutions Corp.

With titles such as "genetic diversity officer," "virtual store sherpa" and "personal memory curator," these roles aren't science ...


October 7, 2018, 5:03 am, 1905518



(p. A15) Instead of focusing on reported incomes, our work measures poverty based on consumption: what food, housing, transportation and other goods and services people are able to purchase. This approach, which captures the effect of noncash programs and accounts for the known bias in the CPI-U, ...


October 5, 2018, 5:03 am, 1905140



(p. A15) Sixty years. But how much longer? In 1958 Jack St. Clair Kilby--from Great Bend, Kan.--created one of the greatest inventions, a great bend, in the history of mankind. Kilby recently had started at Texas Instruments as an electrical engineer. Most everyone left on a mandated ...


September 29, 2018, 5:03 am, 1903554



(p. B1) WALTHAM, Mass. -- Moving like a large dog, knees bent and hips swaying, the robot walked across a parking lot and into a rain puddle.

There, it danced a jig, splashing water across the asphalt. Then it turned and trotted toward a brick building, climbing over ...


September 20, 2018, 5:03 am, 1901034



(p. A11) New York

"I rarely have an urge to whisper," says George Gilder--loudly--as he settles onto a divan by the window of his Times Square hotel room. I'd asked him to speak as audibly as possible into my recording device, and his response, while literal, could ...