Jared Bernstein: Full #employment, trade deficits, and the dollar as reserve currency

By Jared Bernstein October 7, 2014 Full employment, trade deficits, and the dollar as reserve currency. What are the connections? I’ve been looking for an excuse to scratch out a few lines about the connections between full employment, the trade deficit, and dollar policy—connections that understandably don’t jump out at everyone—and I’ve found a particularly … Continue reading Jared Bernstein: Full #employment, trade deficits, and the dollar as reserve currency

Fixing the Downward Bias in the #Unemployment Rate | Jared Bernstein

  High-Stakes Musical Chairs: Fixing the Downward Bias in the Unemployment Rate By Jared Bernstein October 10, 2014 Ever since the JOLTS (Job Openings and Labor Turnover Survey) came into existence, labor market analysts have looked at the ratio of unemployed to job openings. In fact, the BLS publishes that very metric monthly (see chart … Continue reading Fixing the Downward Bias in the #Unemployment Rate | Jared Bernstein

Full employment and trade deficits: PK v. JB re $ | Jared Bernstein | On the Economy

By Jared Bernstein October 8, 2014 Paul K’s agrees with me on the core aspects of my post yesterday regarding our persistent trade deficits as a barrier to full employment, but disagrees the dollars status as a reserve currency has much to do with it.

Jared Bernstein: Absent full employment or a bubble, middle class income and wealth will fall

By Jared Bernstein September 15, 2014 Robert Samuelson covers some useful ground this morning, reviewing income and net worth trends from the recent Survey of Consumer Finances, a triennial (it comes out every three years) survey of family income and wealth. I wanted to add a few points regarding timing of the trends he cites.

Jared Bernstein: Financial Market Oversight, Economic Recoveries, and Full Employment: Some Crucial Linkages

“The way to make a train go fast is to keep it from going slow.” July 29th, 2014 at 2:59 pm That bit of Zen was told to me by one of the nation’s foremost rail experts back when I worked on that issue. He was explaining that part of developing a high-speed rail system … Continue reading Jared Bernstein: Financial Market Oversight, Economic Recoveries, and Full Employment: Some Crucial Linkages

@BillMoyersHQ: The Full #Employment Route to #Poverty Reduction

Efforts to alleviate poverty are often seen as being separate from the debate on overall economic policy, with the former involving a distinct set of issues that only marginally overlap with the latter. This is unfortunate, since the health of the economy and specifically the level of unemployment, has an enormous impact on the prospects … Continue reading @BillMoyersHQ: The Full #Employment Route to #Poverty Reduction