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.

RSS Feed


Economic Policies for the 21st Century

April 20, 2016, 4:34 pm, 1628438

Unlike ...

April 19, 2016, 6:34 pm, 1628111

Just ...

April 19, 2016, 4:34 pm, 1628062

For ...

April 19, 2016, 12:34 pm, 1627973

In ...

April 18, 2016, 12:34 pm, 1627626

Over ...

April 18, 2016, 8:34 am, 1627529

LONDON—Desmond Lachman’s interesting and knowledgeable article offers a pessimistic view of Britain’s—and America’s—prospects after Brexit. Some might be persuaded, but not all. Here is why it is still in Britain’s interests to vote to leave the EU.

Voting to leave would “ratchet up the rhetoric against globalization.” Not exactly. Nobody ...

April 14, 2016, 10:34 pm, 1626864

Much has been made of the gap in outcomes between those with a bachelor’s degree or higher and those with a high school education or less. The unemployment rate among the former group is just 2.6 percent, compared to 5.4 percent for the latter group. Young adult bachelor’s degree ...

April 14, 2016, 10:34 pm, 1626863

Read the full report.

The ACA has stimulated dramatic changes to America’s individual health-insurance market. It has placed more restrictions on insurance pricing (i.e., charging individuals different premiums depending on their health and age), and it has mandated benefit increases for insurance plans. Such changes have caused premiums on ...

April 13, 2016, 2:34 pm, 1626392

It ...

April 12, 2016, 10:34 am, 1625891

Surge ...