Cue the Fed Taking a Dump in the Empty Punch Bowl In May, the civilian labor force participation rate decreased by 0.2 percentage point to 62.6 percent. The rate has declined by 0.4 percentage point over the past 2 months, offsetting gains in the first quarter. But the headline number is “at full employment,” if […]
Erik Loomis at LG&M notes that Forbes is attempting to encourage age discrimination (no we’re not; wink, wink, nod, nod). And it made me think of this post from Lance Mannion, which deserves to be read every day you can: You get up for a stretch, wander out onto the floor to get a cup […]
I got hit while parking today. Driver in front of me, parked with no lights or flashers, backed her van up into my car because she wasn’t actually parking, just dropping one of her kids off at school. For a moment, I’m all, like, WTF? She immediately gets out of the van, comes back, apologizes, […]
I apologize for actual discussing economics and health care today, but this one I couldn’t let lie. The University of Chicago’s Booth School of Business’s IGM Forum Mark Thoma) reports; you decide. If reducing the value of the policies held by those who are continuously employed, either by taxing them or forcing those people to […]
My post of 13 days ago is now current events. R.I.P., with a couple of reprises: Lyle Lovett discussing and covering the first song Clark ever wrote (and never himself recorded). I don’t know if Guy Clark was ever young, but I defy anyone this side of Prince or Bruce Cockburn to figure out what […]
Kevin Drum discovers what I’ve been telling people for more than a decade. Brad DeLong admits that the reason economists don’t know jack about economic growth is that their models don’t support it. There’s a reason Mankiw, Romer, and Weil (1992) is the most dangerous short-form piece of immature fiction since Atlas Shrugged.* (Original source, […]
Erik Loomis of LG&M tweeted out that Guy Clark has entered a nursing home and is “stable.” It’s almost surprising he lasted this long. Suzanna, his long-time wife (a songwriter in her own right, who co-wrote “Come From the Heart,” which her husband covered on Old Friends, and “Easy From Now On,” among other classics) […]
And I’m getting bloody tired of doing these postings.
post by Mike Kimel This post looks at differences between the hours worked, by gender, and the degree to which it could explain the gender gap. To lay the groundwork, the table below shows the number of full time employed (but not self-employed) men, women, their weekly wages, and hours worked. Figure 1. If this […]