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.

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"Analysis on corporate strategy, economics, some occasional neuroscience, and anything else that interests me”

May 11, 2018, 7:13 am, 1855872

Greek Prime Minister Alexis Tsipras announced on Wednesday that his country’s newest bailout proposal has been denied by the regions creditors.

Some of Tsipras’ supporters in the Syriza government party that propelled him to power have been ...

May 11, 2018, 7:13 am, 1855873

If you are going to disrupt an industry or take over an established field you need to have a strong set of actionable business items that can help you succeed. Whether you need to “analyze your competition” or ...

May 11, 2018, 7:13 am, 1855874

The uninsured rate in the US has decreased by nearly one-fifth and it has reached record lows just one full year after the Affordable Care Act was fully implemented according to data ...

May 11, 2018, 7:13 am, 1855875

Matthew Yglesias wrote a perceptive piece at Vox this weekend on the “mystery” surrounding unfilled jobs. Basically, there are a lot of job openings right now but they ...

May 11, 2018, 7:13 am, 1855871

Massachusetts Senator Elizabeth Warren wants us to bank at our local post office. The politician and consumer advocate has announced a plan that would bring budget-priced banking services to U.S. citizens.

In May 2015, the USPS said it had lost $1.5 ...

May 11, 2018, 7:13 am, 1855870

Millennials are spending less on vacations and their thrifty getaways are causing a headache for the travel industry. According to travel insurance company Allianz Global Assistance, “Summer travel will actually increase by one-half of a percent in 2015.”

The company ...

May 11, 2018, 7:13 am, 1855867

Facebook closed on Wednesday with stock prices reaching a record $88.86 per share, valuing the company at just under $250 billion.

Analysts have been very bullish on Facebook in recent months thanks to stronger than expected ...

May 11, 2018, 7:13 am, 1855868

Supermarket chain Whole Foods has outright denied claims that customers in New York City were being overcharged by the fresh food provider. The company has been backed into a corner after an investigation by the New ...

May 11, 2018, 7:13 am, 1855869

The labor force in 22 of the 50 United States is going to shrink over the next 15 years according to state-by-state projections of the working-age population from the Conference Board.

In terms of loss, Vermont ...

May 11, 2018, 7:13 am, 1855866

The word “bailout” became ubitious during the Great Recession. From banks “too big to fail” to the faltering auto industry in Detroit, Washington has been the go-to lender of last resort for many American companies.

And the ...