Posts filed under “Employment”

Yellen’s Labor Market Dashboard

Source: Bloomberg

Category: Digital Media, Economy, Employment, Federal Reserve

Chipotle Spices Up The Minimum Wage Discussion

@TBPInvictus If you’re just joining us, here’s our story thus far: Some on the right took a fairly benign article out of a Seattle publication and twisted it to fit their agenda, i.e. that the increased minimum wage there would spell disaster for the Seattle restaurant scene as eateries closed in rapid succession. Their hopes…Read More

Category: Cognitive Foibles, Consumer Spending, Current Affairs, Data Analysis, Employment, Research, Wages & Income

The Long and Winding Recovery

Source: WSJ

Category: Employment, Wages & Income

Job Market Tracker

Click for an interactive graphic. Source: WSJ

Category: Employment

Labor Force Participation: The U.S. and Its Peers

Labor Force Participation: The U.S. and Its Peers Monday, June 22, 2015 By Maximiliano Dvorkin, Economist, and Hannah Shell, Research Associate     The U.S. labor market has changed drastically over the past 50 years. As the following figure shows, the U.S. labor force participation rate1rapidly increased starting in the mid-1960s, peaked around 2000 and fell…Read More

Category: Employment, Think Tank

Shifting the Goalposts in Seattle Minimum Wage Debate

@TBPInvictus here It’s been a few months since the first increase in the Seattle minimum wage (see here for the schedule of bump ups). Even before the initial April 1 rise, we were treated to a chorus of conservative voices claiming that the restaurant business in Seattle was doomed. The nexus for many of the claims was…Read More

Category: Current Affairs, Data Analysis, Employment, Financial Press, Really, really bad calls, Wages & Income

Jobs Are Staying Vacant Longer

Source: WSJ

Category: Economy, Employment

NFP: Is Good News Bad News?

Over the years, I have spilled far too many pixels on how overhyped the monthly nonfarm payroll report is. What matters isn’t any single month, given how noisy and subject to future revisions the provisional release actually is. The recency effect makes you place a greater emphasis on what just occurred in a data series, a sign of the evolutionary leftover code hanging around your wetware….Read More

Category: Employment, Federal Reserve, Philosophy

Does Moving for a Job Mean Higher Wages?

Does Moving for a Job Mean Higher Wages? David Wiczer St. Louis Fed, May 25, 2015       For more than 20 years, the number of people moving from state to state has been declining. A study by Raven Molloy, Christopher Smith and Abigail Wozniak found that the gross mobility rate has fallen by…Read More

Category: Employment, Think Tank

Government Austerity & Job Creation

Fascinating set of graphics from Bloomberg showing the impact of the dearth of government hiring:


Here’s How You Add 2.4 Million Jobs to the Economy




Read More

Category: Economy, Employment, Politics