…people are finding work. Employment for blacks has improved? Let’s look at the data in terms of overall employment, the employment-to-population ratio, and the unemployment rate. Black employment peaked in…

…of understanding what part of self-employment income is labor income and what part is capital income… but I question their basic assumption. In the paper, they make an assumption. “Self-employment…

…contains data from 1950 to 2ndQ-2014. Labor share on the y-axis. Employment rate on the x-axis. (Employment rate is a measure of employing labor as in the x-axis of the…

…lead to reduced output at full employment. I see the full employment output more to the left. So I bend the dashed lines to the full employment level that I…

…in the source graph that allegedly “solves” the problem, it isn’t the employment/population ratio that is doing the heavy lifting at all! Rather, it is the substitution of the Employment…

…the Census employment to create a new series, Total NonFarm Employment excluding Census Temp & Intermittent Employment. The chart shows the last some 20 years of special Census employment. As…

Have we finally reached “full employment”? As I noted on Friday, the household report – the one that tells us about unemployment, underemployment, and labor force participation – was particularly…

…Participation Rate Declined  Employment Situation Summary for September  Showed the smallest increase in payroll jobs so far this year, but that the unemployment rate fell by 0.4% to 4.8%, even…

…retail sales… Employers Add 638,000 Jobs in October, Unemployment Rate Falls to 6.9% The Employment Situation Summary for October indicated the greatest growth in payroll jobs since the Delta Covid wave hit,…

…average hourly wage increasing at a 5.4 percent annual rate over the last three months. The unemployment rate remained unchanged at 3.7 percent, the 24th consecutive month where the unemployment rate…