The Disappointing Employment Report: Will Job Creation Improve in Coming Months?
Here's my take on the jobs report: The Disappointing Employment Report: Will Job Creation Improve in Coming Months? The answer: It could, but don't get your hopes up.
Who Are the Extractive Elites?
Since this makes many points I've made in the past, I can hardly disagree: Who Are the Extractive Elites?, by Daron Acemoglu and James Robinson: Key to our argument in Why Nations Fail is the idea that elites, when sufficiently...
Milken Global Conference Video: Jobs for America
The words "private sector," "education," and "regulatory uncertainty" play a starring role in this session on job creation (this was one of the more annoying sessions I attended, especially towards the end when Richard Fisher elevates teaching Congress a lesson...
Milken Global Conference Video: Jobs for America
The words "private sector," "education," and "regulatory uncertainty" play a starring role in this session on job creation (this was one of the more annoying sessions I attended, especially towards the end when Richard Fisher elevates teaching Congress a lesson...
No "Noticeable Increase in Mismatches in Recent Years"
Here's the conclusion from a summary of a recent FRBSF conference on whether labor market mismatches (structural issues) are holding back employment: The recent San Francisco Federal Reserve Bank conference on workforce skills examined labor market changes that may have...
Paul Krugman: Wasting Our Minds
College graduates are struggling, and the "war on the young" is "doing immense harm, not just to the young, but to the nation’s future": Wasting Our Minds, by Paul Krugman, Commentary, NY Times: In Spain, the unemployment rate among workers...
GDP Growth Could be Higher
GDP growth for the first quarter, as noted in the post below this one, is estimated to be 2.2%. That is not as high as it needs to be to recover in a decent amount of time, and one of...
No End to the Unemployment Problem in Sight
More on "duration matters": No End in Sight, by James Surowiecki, New Yorker: The talk in Washington these days is all about budget deficits, tax rates, and the “fiscal crisis” that supposedly looms in our near future. But this chatter...
US and European Unemployment Rates
Background for a column I'm working on: Source: BLS - Unemployment rates adjusted to U.S. concepts, 10 countries, seasonally adjusted Update: A larger sample (from here):
Fed Watch: Initial Claims Up – Time to Worry?
Tim Duy: Initial Claims Up - Time to Worry?, by Tim Duy: From Bloomberg: Jobless claims fell by 2,000 to 386,000 in the week ended April 14 from a revised 388,000 the prior period that was higher than initially estimated,...
