Macroeconomics
28 posts in Macroeconomics · page 2 of 3. ← All posts
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What’s with the Sentiment?
By objective economic data, the US economy is doing well. The US faced a global pandemic, supply chain issues, and high interest rates, y...
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US Chartbook version 0.1
Check out the US Chartbook, version 0.1, released today. The chartbook is a big PDF collection of notes on US economic and social indicat...
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Real Wages, Inflation, and Consumer Sentiment
Wages are increasing faster than inflation. Additionally, wage growth rates are strongest for low-wage workers. Despite real wage growth,...
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Disconnect between aggregate earnings and payrolls
Usually Claudia Sahm is answering the hard questions in economics. She does it better than anyone else. But yesterday she asked a questio...
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Adding texture to the jobs report
The monthly jobs report shows a widely-cited spike in unemployment, starting in April 2020, as a result of the COVID-19 pandemic. It’s wo...
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Wage growth is in the pipeline
If you haven’t looked at the US wage distribution recently, you might be surprised to see nominal growth of 7.0 percent in 2019 Q3 and 6....
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Possible pieces of the long-term unemployment puzzle
Top US economists recently shared insights and data on the increase in the share of unemployed who are long-term unemployed. While unempl...
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Student debt explains why wage growth hasn’t caused inflation
The Fed has been raising interest rates because of concern that rising wages will lead to inflation. The problem with this argument is th...
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Economist as a plumber with a body camera (EPBC)
Economists could do more to show their work and to maintain their results.
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Tech sector index nearing all-time highs
An important measure of the strength of the tech sector has been climbing rapidly over the past two years and surpassed its turn of the m...
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Answer to gig economy question depends on baseline
The US Bureau of Labor Statistics reported on Thursday that contingent and alternative work was occurring at about the same rate in May 2...
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Can a tight labor market pull young people back to full-time work?
From 2001 to 2013, college enrollment in the US increased rapidly. Young people delayed the full-time work portion of their lives, ostens...