Some other aspects of the employment release in context.
Category Archives: employment
Could it be that we’re already in a recession? Lessons from the last episode
There’s a lot of talk about recession these days, despite the fairly rapid average growth of GDP in the past few quarters. Krugman (via DeLong) observes a slowdown is coming that might feel a lot like a recession. DeLong considers whether Fed policy has already raised rates to such a degree a recession is inevitable. Roubini bravely cites probabilities. My colleague James Hamilton provides a contrasting opinion, based upon his academic work with Chauvet [pdf].
A pause it shall be
The last month has been something of a cliffhanger for Fed watchers. But today the market seemed to make up its mind.
Bernanke tells it like it is
Once again I recommend the most recent statement of our Federal Reserve Chair as some of the finest economic analysis you will find anywhere.
Indications of slower growth
This week’s data paint a picture of slowing growth.
Does a new economic team mean a new economic policy?
Henry Paulson has been nominated to the position of Secretary of Treasury. Will it matter?
Gambling on Trade
In 2001, the Bush Administration set in motion the machinery to impose tariffs on steel imports. The purported reason was to secure fast track (trade negotiating) authority. How does that gamble look five years later?
Even more on the employment report
A contrarian perspective on employment growth
Who’s grumpy about this week’s good economic news?
People who bought long-term Treasuries at 4.3%, that’s who.
Facing the immigration question
Andrew Samwick had an extremely thoughtful post this weekend.