We may have reached a point where there are simply not enough people who want to work to fill all the available jobs in the United States. The Bureau of Labor Statistics reported today that in March there were 6,550,000 unfilled jobs in the country, on a seasonally adjusted basis. It reported there were 6,585,000 […]
Here’s the good news: The unemployment rate for young adult men is now lower than it was on the eve of the financial crisis a decade ago. Here’s the bad news: So is the employment rate. The explanation for those seemingly contradictory facts is that there has been a significant rise in the number of […]
At the CFE, we try to pair the teaching of textbook tools with a large dose of the wisdom and common sense it takes to apply those tools astutely in real situations. We are, therefore, particularly excited about the fact that Floyd Norris has joined us, and will be teaching undergraduate classes, attending Economics Department […]
Carl Christ, a leading light in the economics profession and a beloved member of the Johns Hopkins Economics department, died Friday April 21. Carl, 93, was one of the most influential economists of his generation working on econometrics, macroeconomic modelling, and monetary and fiscal policy. There is a lovely article about Carl’s life and what […]