There’s no denying that our bodies deteriorate as we age. But here’s one fact in which those in their golden years may take comfort. If you live long enough, your odds of developing certain cancers decline rather than increase as a function of age.
Category Archives: employment
Unemployment dynamics
What accounts for the sharp spike in unemployment during recessions? And why did the unemployment rate recover so slowly after recent recessions? I’ve been looking into these questions with UCSD Ph.D. candidate Hie Joo Ahn, and we’ve just finished a new research paper summarizing some of our findings.
Is the Fed near its target?
The BLS reported on Friday that the U.S. unemployment rate fell all the way to 6.3% in April. That marks significant progress in terms of the bull’s eye of Fed accountability proposed by Federal Reserve Bank of Chicago President Charles Evans which Econbrowser discussed 2 months ago. The unemployment rate has dropped steadily over the last 4 years with no increase so far in the inflation rate.
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Messages from the April Employment and 2014Q1 Advance GDP Release
April nonfarm payroll employment surprises. The most recent trends in the labor market diverge from those of GDP.
Employment Growth Up
BLS reports nonfarm payroll employment up by 192 thousand, and prior months revised up.
Graphs of key economic trends
Here are some graphs of economic data that illustrate some interesting trends.
Wisconsin January Private Nonfarm Payroll Employment Flat
The rest of the Nation continues to grow.
The Wisconsin Department of Workforce Development has released preliminary January employment figures, incorporating incorporating backward revisions to earlier months’ data. [1]
Some Thoughts on the December Employment Situation
Somewhat of a surprise, nonfarm payroll employment increased only 74,000 in December, according to estimates from the BLS. Private NFP increased 84,000.
Macro Implications of Extending Emergency Unemployment Compensation
From CBO:
…CBO estimates that extending the current EUC program and other related expiring provisions until the end of 2014 would increase inflation-adjusted GDP by 0.2 percent and increase full-time-equivalent employment by 0.2 million in the
fourth quarter of 2014. …
Links for 2013-12-19
Quick links to a few items I found interesting.