Deflation In The UK

We rarely experience it but, deflation is real and is far worse than typical inflation. Inflation has been low for Continue reading →

Under-employed College Grads

Unemployment is down. Great! But for recent grads, neither underemployment nor wages have changed. More than 44% of recent grads Continue reading →

Inequality And Instability In China

China’s great growth and great departure from its previous politics have also created great inequalities within the country. Strains are Continue reading →

US Productivity Growth Shrinks

Regardless of wages, US productivity has been increasing for years. Much of the credit was given to the introduction of Continue reading →

Unemployment Is Down Employment Is Unchanged

Unemployment is down to 5.4% Celebrate that. But, that doesn’t mean employment is at 94.6%. Employment has barely changed from Continue reading →

Obamacare Helps Poor Incomes

Thanks to the subsidies, Obamacare is having a large, positive impact on the poorest people. The effective change in income Continue reading →

US Unemployment Drops And May Bottom

The US unemployment rate continues to drop (though the employment rate is different). It is reaching pre-Great Recession levels. The Continue reading →

US Oil Production Declines

The oil surplus is so large, and demand is not growing as it did, that the price of oil has Continue reading →