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

David Smith’s EconomicsUK.com

"The personal website of David Smith, Economics Editor of the Sunday Times, London.”


August 12, 2018, 1:04 am, 1888635
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. This is a time of year when it is customary to talk about the silly season for news, and one prominent example of it has been...


August 5, 2018, 3:24 am, 1885068
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. Lord Keynes once memorably hoped that economists should be thought of as “humble and competent” people like dentists, a statement that students of the great man...


August 5, 2018, 3:24 am, 1885067
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. Lord Keynes once memorably hoped that economists should be thought of as “humble and competent” people like dentists, a statement that students of the great man...


July 29, 2018, 4:05 am, 1881433
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. We have arrived at another of those moments for the Bank of England, for two reasons. Markets, not for the first time, expect the Bank to...


July 22, 2018, 4:35 am, 1878234
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. The most important, and very worrying, economic report in recent weeks came a few days ago from the Office for Budget Responsibility. For what it said...


July 15, 2018, 4:05 am, 1876024
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. For British business, the question of skill shortages, never very far away, is now a pressing one. Though the government’s EU white paper failed to spell...


July 8, 2018, 3:44 am, 1873715
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. We have reached that moment in the quarterly interest-rate cycle when speculation is again mounting about whether the Bank of England will bite the bullet and...


July 1, 2018, 3:44 am, 1872017
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. Every so often some figures come along which challenge most people’s perceptions of what has been happening to the economy. Those perceptions, indeed firm beliefs, encompass...


June 24, 2018, 3:24 am, 1870068
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. Just when you think there is nothing new to say about one of the defining problems of our age – stagnant productivity growth – somebody comes...


June 17, 2018, 4:05 am, 1868130
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. Today, away from the parliamentary kerfuffle over Brexit, Donald Trump’s dangerous protectionist rhetoric, higher interest rates in America, the prospective end in December of quantitative easing...