Unequal Recovery
Lower skilled workers haven't benefited much from the recovery: Unemployment drop still leaves low skill workers behind, by Michael A. Fletcher, Washington Post: The nation’s jobless rate has declined to its lowest level in three years, a fact that has...
Romer: Do Manufacturers Need Special Treatment?
Christina Romer says the case for promoting manufacturing is less than fully convincing: Do Manufacturers Need Special Treatment?, by Christina Romer, Commentary, NY Times: Everyone seems to be talking about a crisis in manufacturing. Workers, business leaders and politicians lament...
Fed Watch: Good News on Employment
Tim Duy: Good News on Employment, by Tim Duy: With only a minimal drag from the government sector, the February employment report shined on the back of a solid gain in private sector hiring: The last couple of months look...
Dean Baker: Strong Job Growth
With all the cheering about the jobs report this morning showing 243,000 jobs created last month and a fall in the unemployment rate to 8.3 percent, I thought it might be useful to present a contrary voice (especially since I'm...
FRBSF: Why Is Unemployment Duration So Long?
What's responsible for the slow recovery of employment in recent recessions? : The analyses discussed here suggest that weak labor demand is the primary explanation for prolonged unemployment duration observed in the recent recession and recovery. The weak recovery of...
"Weekly Initial Unemployment Claims decline to 352,000"
Via Calculated Risk, some decent news on the jobs front: Weekly Initial Unemployment Claims decline to 352,000, by Calculated Risk: The DOL reports: In the week ending January 14, the advance figure for seasonally adjusted initial claims was 352,000, a...
Fed Watch: Output Gaps and Inflation
Tim Duy: Output Gaps and Inflation, by Tim Duy: Regarding, again, the size of the output gap, this remark is found in the most recent Fed minutes: However, a couple of participants noted that the rate of inflation over the...
America, healing? Not in Bob’s world
When you start talking about US growth in 2012, it’s hard to stop. The huge November consumer credit increase being a case in point. Plus a long slew of comfy data on auto sales,...
Will Obama’s Military Cuts Hurt the Economy?
I was asked to comment on the economic impact of cuts to defense spending: Will Obama's military cuts hurt the economy?
The Employment Report
I have a few comment on today's employment report: Unemployment declines, but don't sound the all clear just yet
Paul Krugman: Bain, Barack and Jobs
Romney's claims about job creation are nonsense: Bain, Barack and Jobs, by Paul Krugman, Commentary, NY Times: ...Mr. Romney claims that Mr. Obama has been a job destroyer, while he was a job-creating businessman. For example, he told Fox News:...
