Economics Roundtable

May 2014 Payroll Employment

After 76 months, we finally got back to the prerecession level of payroll employment.

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Jobs

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 .


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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?


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EconModel

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Newmark’s Door (Craig Newmark)


December 4, 2016, 5:33 am, 1699583

Yet another Major Problem I had no idea about.


December 3, 2016, 7:33 am, 1699470

It's real early yet, but there a whole lot of teams that regret missing on Dak.


December 3, 2016, 5:33 am, 1699462

Individuals lacking a Y chromosome tend, in my experience, to think the Stooges are not funny. But in moderate doses, Curly still makes me laugh out loud.


December 2, 2016, 7:33 am, 1699183

A lot bad ones here. Just in the first couple of dozen are "Dancing Queen," "Love Shack," and "Do They Know It's Christmas".


December 2, 2016, 7:33 am, 1699182

Everybody seemed to having a really good time.


December 2, 2016, 5:33 am, 1699166

Sure, why not?

Related Stories


December 1, 2016, 7:33 am, 1698856

I don't know about "weird". A wee bit unusual, maybe.


December 1, 2016, 7:33 am, 1698854

I had wondered about this. I guess it's no surprise that in some case, it involves music rights.


December 1, 2016, 7:33 am, 1698855

According to Jonathan Ross, the head sommelier at Eleven Madison Park.


December 1, 2016, 5:33 am, 1698826

"Cruise night was every Wednesday on Van Nuys Boulevard from the early 1950s through the 1970s. Gasoline was mighty cheap, new and old cars were surprisingly inexpensive as well. The San Fernando Valley was home to, what seemed like at the time, a million teenagers, and just about all ...