Modest Employment Growth
The June employment report can be found here. Payroll employment grew by 146 thousand. With a similar estimated increase per the Household Survey, employment growth matched population growth with the…
The June employment report can be found here. Payroll employment grew by 146 thousand. With a similar estimated increase per the Household Survey, employment growth matched population growth with the…
…for Growth said. Alas, much of our mainstream press seems to be agreeing with the dishonest spin from the Club for Growth as opposed to the sensible statement from David….
The BLS has revised its estimates of fourth quarter productivity growth: The Bureau of Labor Statistics of the U.S. Department of Labor today reported revised fourth-quarter seasonally-adjusted annual rates of…
…rather weak job growth for this stage in the economic recovery. Note as well that employment growth in the private sector was only 59,000 jobs (the rest of the new…
…the bottom 80% are better off having the inequality (and corresponding growth) So is greater concentration of wealth at the top the price of higher economic growth for everyone (think…
…2013 and a slightly healthier composition of growth contributions. However, as a sticking point real retail sales are heavily revised and global liquidity conditions are tightening, making consumption growth anything…
…better when the President of the United States is a Democrat rather than a Republican, almost regardless of how one measures performance. For many measures, including real GDP growth (on…
…I can’t do a big writeup, so just a few somewhat randomly chosen links: Brad Plumer: Is inequality bad for economic growth? Jared Bernstein: The Impact of Inequality on Growth…
We hear economists calling for higher inflation to lower the burden of debt on borrowers. Yet, we hear them complain about slow real GDP growth too. (secular stagnation) Can we…
…under financial repression, weak consumption becomes a weak guide to economic growth. Growth is not properly market driven. Resources become poorly allocated. Investments eventually become non-performing loans. The situation grows…