Archive for the ‘New Posts’ Category

July jobs: nice pop on payrolls but flat wage growth

July 5th, 2019

[This jobs report is an important one in terms of assessing the impact of headwinds on the job market, but because it’s sort of a holiday, I’ll just offer up a truncated, bullet-point report. As always, thanks to Kathleen Bryant, who got up early on vacation to help me out!] Toplines: –Payrolls rose 224,000 last… Read more

Should they cut or should they hold?

June 18th, 2019

Should they cut or should they hold? If they cut there will be trouble. If they pause it will be double. Tell me quick, I want to know. Should they cut or should they hold!? Pretty much everything has been said about whether the Fed should take out an insurance cut in the fed funds… Read more

Un- vs. Under- (K. Bryant in the house!)

June 7th, 2019

[My CBPP/Full-employment-project colleague Kathleen Bryant has a new paper coming out next week with Dartmouth econ professor Danny Blanchflower (et al) on measures of labor market slack and their correlation with wage growth. A key focus of the paper involves the underemployment rate, and since we learned today that u6 hit a cyclical low last… Read more