Monday, August 13, 2018

Wage growth update

The Atlanta Fed has its latest wage growth data up on their website. The post-forecast data is in black while the dynamic information equilibrium model is in green. We could potentially make a case that the "bump" that occurs in 2014 is fading out, but it's within the model error.


...

Update

I didn't think it warranted its own post, so here are a few more labor market measures. Discussion is effectively the same as for this post from a few months ago. Click to embiggen.



Also, Ernie Tedeschi posted a fun graph of changing CBO forecasts for the employment population ratio. Unfortunately, I didn't produce a forecast for the exact measure in the graph, but through the magic of ALFRED, I can show what a forecast I would have made back in January 2017 for this measure would have looked like today:



Update 19 September 2018

Here's the September release data; I didn't think it warranted its own post so I just updated this one.


No comments:

Post a Comment

Comments are welcome. Please see the Moderation and comment policy.

Also, try to avoid the use of dollar signs as they interfere with my setup of mathjax. I left it set up that way because I think this is funny for an economics blog. You can use € or £ instead.