Category Archives: U.S. Economy

Before the Corporate Tax reform debate jumps the shark

Jump the shark

THE BDN republished a Washington Post article regarding tax inversions.  Tax reversions, as well as the corporate tax code in general, are moving closer to the center of public debate, with the issue of corporate tax reform now overlapping with the issue of corporate person-hood.  While some may question the ‘economic patriotism’ of companies renouncing their […]

How are businesses responding to the ACA?

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THE impact of the ACA on the nation’s weak economic recovery continues to draw analysis and discussion.  One argument opponents of the ACA often make is that it is driving workers to cut hours and shift workers to part-time status.  To bolster this argument they often cite elevated levels in part-time employment.  While total part-time employment […]

Another Problem with the Skills Gap Argument

Bev-Curve

Jared Bernstein has a pretty interesting post up regarding the Beveridge Curve, which in turn has some impact on the skills gap arguments taking place in Maine.  Skills gap proponents in Maine like to point to national trends to bolster their argument that the state is suffering from the national trend. On the national level, skills […]

Funding the Highway Trust Fund is not a Binary Choice

gas tax

SIN taxes (a form of a Pigou Tax) are used to discourage the consumption of a good–think pollution.  In theory, the taxes are imposed to pay for the negative externalities caused by consumption of that good (damage to third-party property owners in the case of pollution).  The revenues are costs are in equilibrium because the […]

BLS: U.S. Economy Adds 209,000 Jobs, Unemployment Rate Up Slightly

Jobs-report

JUST released from the BLS. First from the household survey: Both the unemployment rate (6.2 percent) and the number of unemployed persons (9.7 million) changed little in July. Over the past 12 months, the unemployment rate and the number of unemployed persons have declined by 1.1 percentage points and 1.7 million, respectively.  And from the […]

June Jobs Report: The Good, the Bad, and the Ugly

AS noted previously, the national jobs report was released this morning by the Bureau of Labor Statistics.  Overall, the jobs report was positive, with the economy creating 288,000 jobs; well above projections of roughly 210,000.  This was the fifth consecutive month of job creation above 200,000, the first time that has happened since the tech […]

ADP: U.S. Economy adds 281,000 Jobs

ADP

From ADP: Private sector employment increased by 281,000 jobs from May to June according to the June ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP®, a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody’s Analytics. […]

Boomers Comprise Larger Percentage of Maine Workforce

Capture

AN analysis done by Economic Modeling Specialists International and Career Builder (the site has an interactive map that I cannot properly embed here) examined the change in employment levels for millennials and baby-boomers in the nation’s 175 metro areas.  The analysis found that boomers are comprising a larger percentage of the workforce, while employment for […]