Category Archives: US economy

This category considers blogs that specifically analyse the US economy.

CEO pay still out of control

On September 15, 2014, the Melbourne Age article – Workers can forget about big pay rises for some time to come – summarised the wages outlook that workers can expect in the coming year as the labour market weakens. Its … Read the rest of this entry »

Posted in Labour costs, UK Economy, US economy | 6 Comments

Can we really say the US economy is in recovery?

The latest US Federal Reserve Bank Bulletin – (Volume 100, No. 4) was released on September 4, 2014 and – Changes in U.S. Family Finances from 2010 to 2013: Evidence from the Survey of Consumer Finances provides a very deep … Read the rest of this entry »

Posted in US economy | 8 Comments

Same old story – poor getting poorer and more indebted and the rich …

I have started to research the idea of the disappearing or shrinking middle class as part of a book project (for 2015) I am amassing materials for. The idea is simple but the conceptualisation and demarcation of the idea is … Read the rest of this entry »

Posted in US economy | 14 Comments

Decomposing the decline in the US participation rate for ageing

Labour force participation rates are falling around the world signalling the slack employment growth that has accompanied the aftermath of the Global Financial Crisis. It is clear that many workers are opting to stop searching for work while there are … Read the rest of this entry »

Posted in US economy | 10 Comments

US labour market improving but it is not all good

Last week (July 3, 2013), the – US Bureau of Labor Statistics – released their latest – Employment Situation –June 2014 – which showed that in seasonally adjusted terms, total payroll employment increased by 288,000 in June while the Household … Read the rest of this entry »

Posted in US economy | 2 Comments

Beware of structural explanations of cyclical events

One of the things you can always bet on with surety is that the conservatives will always try to convince the public that a cyclical event is, in fact, a ‘structural’ event. This has two, linked purposes. First, they can … Read the rest of this entry »

Posted in US economy | 10 Comments

Cutting US unemployment benefits is cruel and stupid – Part 2

As a follow up to Monday’s blog on the US labour market – Cutting US unemployment benefits is cruel and stupid – this short blog considers the latest flows in the US to provide a fuller understanding of why it … Read the rest of this entry »

Posted in US economy | 7 Comments

Cutting US unemployment benefits is cruel and stupid

Once upon a time when I was a postgraduate student and there were around 10 unemployed for every registered vacancy in Australia a professor at my university was waxing lyrical about the lazy unemployed and what they should do to … Read the rest of this entry »

Posted in US economy | 12 Comments

I fell off the left-right continuum today

Another relatively short blog today – it is holidays after all. There was an article in the New York Times (December 23, 2013) – Inequality for Dummies – by regular Op Ed columnist Bill Keller, who clearly thinks he represents … Read the rest of this entry »

Posted in US economy | 22 Comments

There is no umbilical cord between government deficits and bond issuance

The Financial Times article (December 19, 2013) – The long farewell to quantitative easing – concluded such: “Quantitative easing has demonstrated to politicians everywhere that it is possible to finance government deficits simply by printing money, a fact which had … Read the rest of this entry »

Posted in US economy | 6 Comments