Archive for the ‘Jobs’ Category

Fed Vice-Chair Stan Fischer on Whether Stronger Actual Growth Can Boost Potential Growth

August 11th, 2014

Fed vice-chair Stan Fischer gave another interesting (and long!—dude, you don’t have to cover everything in each outing!) speech today wherein he continues to articulate the Fed’s state-of-the-art thinking on all the big issues (here’s an earlier post re Fischer on financial oversight). Just did this CNBC hit on it so let me summarize the point… Read more

A potentially important development: is the improving job market helping to stabilize the labor force?

August 1st, 2014

Over at PostEverything, with nice pictures. The piece, which builds off the fact that the formerly tanking labor force participation rate has been fairly stable now since last August, ends with a sports analogy: Simply put — and because who can resist a econo-sports analogy — we’ll put more growth points on the scoreboard because… Read more

July Jobs Report: First Impressions

August 1st, 2014

Payrolls grew by 209,000 last month and the unemployment rate ticked up to 6.2% according to today’s report from the Bureau of Labor Statistics. The payroll gain was below expectations of around 235,000, and well below June’s upwardly revised gain of 298,000. However, while the payroll number is somewhat disappointing, given the jumpiness of monthly… Read more