what is going on with us economy?
TRANSCRIPT
Measurements
• 1976 Growth Act
– Employment
– Inflation
Employment
• Recovery?
Job Creation
• Unimpressive…
Jobs Gap
• Missing 8M…
Participation
• 30 year low…
Missing
• Where are they?
Missing
• Where are they?
Missing
• Not In Retirement
U6 Rate
• 9.2%...
Recovery
• Need faster growth…
Nominal Wage
• Below target…
Labor Productivity
• Flat…
Measurements
• Growth
– Employment: C+
• Missing workers
• Low wage gains
– Inflation
Inflation
• Disinflationary
Inflation
• Core Stable
Debt
• Record Levels
Debt Level
• Increasing
Negative Rates
• Unchartered
Measurements
• Growth
– Employment: C+
• Missing workers
• Low wage gains
– Inflation: C-
• Disinflation
• Low wage gains
Growth
• Okay but…
Real Growth
• Not catching up…
Growth Rate
• Slowed…
Personal Expenditure
• What’s going on…
Wage Gains
• Stagnant
Measurements
• Growth – C+
– Employment
– Inflation