Archive for the ‘New Posts’ Category

The non-mystery of declining employment rates for prime-age workers

September 7th, 2016

Allow me to pile on alongside Dean Baker on this alleged mystery-of-the-missing-men, the theme of an NPR story that Dean critiques. There’s little mystery here: the driving factor is the loss of employment opportunities, or what economists call weak labor demand, particularly for non-college-educated, prime-age (25-54) workers. It’s not the only factor, but it’s the… Read more

Goldilocks rising: job market not too hot, not too cold

September 2nd, 2016

The pace of employment gains slowed slightly in August, as payrolls were up 151,000 and the unemployment rate held steady at 4.9 percent. Despite the fact that expectations were for 180,000 jobs, the lower number in today’s report should not at all be taken as a change in the solid, underlying trend in employment growth…. Read more

Bird flu, FTAs, and how some rules of the road are better than others

August 31st, 2016

Chad Bown of the Peterson Institute sends me a link to a piece of his showing, he argues, a benefit we get from “free-trade” agreements (FTAs) that’s under-appreciated in a national debate that’s turned extremely hostile to FTAs. It’s about last year’s bird flu outbreak, and he makes the case that “a global trade framework… Read more