Edward Derbin

EDWARD DERBIN teaches online courses in economics at UC-Berkley and edits a popular website: EconNewsLetter.com. For years, he and Professor Donald Byrne (now deceased) have enjoyed bringing an increasingly relevant view of the American economic landscape to the public. Professor Derbin holds both M.A. and M.B.A. degrees from the University of Detroit Mercy. Professor Byrne earned his Ph.D. in economics from the University of Notre Dame.

Our Burgeoning National Debt

The alarming growth of the U.S. Federal Government debt over the past several years is being accompanied by the unsustainable levels of private debt due to the sub-par real growth rate for the last several years. In respect to this dismal...

May Labor Report: Cause for Concern

In the month of May 2016, the employment situation continued its spring swoon with 664,000 people leaving the labor force. Over the last two months, 1,226,000 people left the labor force. In the six months prior, from October 2015 through February...

Our Collapsing Labor Participation Rate

June 2015 employment statistics state that we experienced an increase in the Civilian Non-institutional Population (CNP) of 208,000 (those people 16+ who are not in the military, prison, or counted in some other institutionalized setting) while the...

On The Labor Front

According to the April 3, 2015 Bureau of Labor Statistics survey: “Total nonfarm payroll employment rose by 126,000 in March, and the unemployment rate remained unchanged at 5.5 percent, the U.S. Bureau of Labor Statistics reported today. Employment...

Shades of the Great Depression?

The foreign exchange markets are beginning to look like a battlefield wherein a war of competitive depreciation involving a number of national and regional currencies is occurring. Can a Smoot-Hawley type tariff war be far behind? Perhaps it has...

Jellin with Yellen

It is easy to criticize those who are supposed to be able to change economic behavior. Monetary policy making is no exception. Such authorities can and have made mistakes. But impotence in changing the economic behavior of a large economy is not the...

Where Art Thou, Labor?

In the most recent monthly data published by US Department of Labor, Bureau of Labor Statistics, Payroll Employment rose by 175,000 and 42,000 in the Establishment and Household Surveys, respectively. The Establishment Survey gathers its data from...