Category Archives: US economy

This category considers blogs that specifically analyse the US economy.

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

No coherent evidence of a rising US NAIRU

There was an interesting article in the January 2012 edition of the Monthly Labor Review, published by the US Bureau of Labor Statistics – Labor force projections to 2020: a more slowly growing workforce. I was reading this the other … Read the rest of this entry »

Posted in US economy | 9 Comments

Chained-CPI COLAs – another conservative smokescreen

The conservatives are always dreaming up new attacks on the most disadvantaged people in our societies. in the US, the front line of the war on the poor is the on-going attacks on the Social Security system. As I’ve noted … Read the rest of this entry »

Posted in Economics, US economy | 8 Comments

US government sector is keeping unemployment high

There was an article in the Atlantic yesterday (November 5, 2013) – How Washington Is Wrecking the Future, in 2 Charts – which reports in a related article in the UK Financial Times (November 3, 2013) – US public investment … Read the rest of this entry »

Posted in US economy | 5 Comments