Econ Blog

your daily dose of economic commentary

December Employment Report: 50 thousand Jobs, 4.4% Unemployment Rate

121. December Employment Report: 50 thousand Jobs, 4.4% Unemployment Rate

The post discusses December's employment figures, highlighting job growth, unemployment rates, and revisions to previous months' data, indicating a weak labor market overall.

It is time to back off from Greenland

122. It is time to back off from Greenland

An argument that the U.S. should allow Greenland to choose independence voluntarily, emphasizing respect for their autonomy and the importance of a cooperative future partnership.

ADP Implied Private NFP, Philly Fed Early Benchmark, etc.

123. ADP Implied Private NFP, Philly Fed Early Benchmark, etc.

The post discusses trends in private nonfarm payroll employment, highlighting discrepancies in forecasts and implications for small firm employment and overall job numbers.

AEA Distinguished Fellow 2025: That’s Me

124. AEA Distinguished Fellow 2025: That’s Me

The author reflects on receiving the Distinguished Fellow award from the American Economic Association, highlighting its significance and unexpected nature in his career.

The Tyranny of the Complainers

125. The Tyranny of the Complainers

Alex Tabarrok discusses the disproportionate impact of a small number of individuals on complaint statistics, highlighting inefficiencies in public response to these complaints.

The Looting of US Foreign Policy

126. The Looting of US Foreign Policy

Paul Krugman discusses how Trump's foreign policy serves the interests of his personal clique rather than the national interests of the United States.

Wading into Controversy

127. Wading into Controversy

Arnold Kling discusses Nicholas Wade's views on the intersection of human nature, cultural norms, and political structures, emphasizing the implications for society and social cohesion.

Trade Deficit Decreased to $29.4 Billion in October

128. Trade Deficit Decreased to $29.4 Billion in October

Bill McBride discusses the decrease in the U.S. trade deficit for October, highlighting changes in exports and imports compared to previous months.

My excellent Conversation with Brendan Foody

129. My excellent Conversation with Brendan Foody

A conversation explores the innovative role of poets in AI training, the economics of talent compensation, and the implications of AI on various industries and creativity.

The Molly Cantillon manifesto, A Personal Panopticon

130. The Molly Cantillon manifesto, A Personal Panopticon

The piece explores the transformative impact of technology on personal productivity and governance, emphasizing the importance of legibility and data management in daily life.

So, who’s going to win the Super Bowl?

131. So, who’s going to win the Super Bowl?

Nate Silver analyzes NFL playoff teams' performances and predictions, emphasizing the impact of injuries and team ratings on Super Bowl outcomes.

ADP Private NFP Employment below Consensus, Large Firm Flat, Mfg Down

132. ADP Private NFP Employment below Consensus, Large Firm Flat, Mfg Down

The post analyzes recent trends in nonfarm payroll employment, highlighting discrepancies between large and small firms and a decline in manufacturing jobs.

Welcome to Chaos World

133. Welcome to Chaos World

Noah Smith discusses the chaotic geopolitical implications of Trump's capture of Maduro and the decline of American power in global affairs.

What are we to make of "AI replacement"?

134. What are we to make of "AI replacement"?

Joshua Gans discusses the implications of AI on job displacement, using historical examples to illustrate how technology can replace roles traditionally held by humans.

What is Actually the Problem with the Current US Labor Market?

135. What is Actually the Problem with the Current US Labor Market?

Timothy Taylor examines the paradox of a seemingly healthy US labor market contrasted with public pessimism, highlighting key data trends and concerns about employment dynamics.

U.S. population growth is slowing. The immigration crackdown is a major factor

136. U.S. population growth is slowing. The immigration crackdown is a major factor

Scott Horsley discusses how the Trump administration's immigration policies and declining birth rates are contributing to a significant slowdown in U.S. population growth.

1st Look at Local Housing Markets in December

137. 1st Look at Local Housing Markets in December

Bill McBride discusses the state of local housing markets in December, highlighting low existing home sales and year-over-year changes in sales data.

It's not just oil: How else Wall Street might benefit from Trump's Venezuela actions

138. It's not just oil: How else Wall Street might benefit from Trump's Venezuela actions

An argument that U.S. investors, beyond oil companies, may gain from military actions in Venezuela under Trump's administration.

The Emperor’s New Oil Wealth

139. The Emperor’s New Oil Wealth

Paul Krugman discusses the misconceptions around Venezuela's oil wealth and critiques Trump’s motivations regarding oil in his foreign policy.

BLS: Job Openings Declined to 7.1 million in November

140. BLS: Job Openings Declined to 7.1 million in November

Bill McBride discusses the decline in job openings to 7.1 million in November, highlighting labor market trends and statistics from the BLS report.