The chart below shows U.S. nonfarm payroll employment (in thousands) January 2006 - May 2009. By May, it had fallen to 132.2 million, which I admit is less than the 134 million floor I set last fall.
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Supply and Demand (in that order)
The basic tools of supply and demand -- presented and extended in Chicago Price Theory -- help immensely to understand and predict everyday events in our world. These events relate to, among other things, macroeconomics, fiscal policy, health and labor markets, and industrial organization.
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Blog Archive
-
▼
2009
(392)
-
▼
June
(35)
- Case-Shiller Housing Price Index Flattens Out
- The Federal Government Acts Yet Again to Destroy t...
- Mortgage Modification Awareness
- My Q2 Forecast (Productivity Based)
- Consumption Rises in May
- Real Disposable Personal Income per Capita Higher ...
- $592 per person
- Flashback: BEA will Revise Up
- NY Fed Timeline
- Taxpayers Get No Respect
- The Next Inflation: When, Why and So What?
- OFHEO: Little Housing Price Change
- Name Dropping
- CPI for May 2009
- What Monetary Policy Cannot Do
- Old Money
- Did May Move toward a Housing Recovery?
- Ugly Picture Update through May 2009
- The Pride of the Self-Sufficient
- Mortgage Modification has an Asset Test Too?
- Inflation is Imminent, and Not Obama's Fault
- Monetary Policy has No Noticeable Impact on Prices...
- Gloomy Economic Indicators in Chicago
- Keynes was Right
- Inflation and the Size of Government
- Flashback: Waiting for the Subsidy
- No Evidence of Housing Recovery in May Employment ...
- 49.7 percent
- May Employment Report
- Promising Productivity Update
- Worse than 1982?
- White House Still Deals Up Pascal's Wager
- More on Obama's Possible Impact on Competition
- Real Disposable Personal Income per Capita Higher ...
- Non Residential Construction Spending: Higher than...
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▼
June
(35)
About Me
- Casey B. Mulligan
- Chicago, IL, United States
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