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Economic Growth

Workers

Data Flash: January Jobs Report Show Big Jump in EPOPs

The January employment report showed the employment-to-population ratio (EPOP) rising from 58.6 percent to 58.8 percent. This matches the previous high for the recovery in October of 2012. The household survey showed employment rising by 638,000 after increasing just 101,000 over the prior two months. Interestingly the growth was concentrated among younger workers. Employment for workers between the ages of 25-34 rose by 230,000, while employment for workers between the ages of 44-54 rose by 318,000, a one month increase of more than 1.0 percent. Whites disproportionately benefited from the rise in employment with the  EPOP for both white men and white women rising by 0.4 percentage points.

The establishment survey was not nearly as positive, showing an increase of just 113,000 workers following last month's weak 75,000 gain.

Dean Baker / February 07, 2014

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Martelly to Meet with Obama in Washington Today, Elections Top Agenda

The Associated Press reports today:

President Barack Obama is hosting Haitian President Michel Martelly for talks on Haiti’s economic and political future.

Martelly will be at the White House on Thursday, a day after he met with Secretary of State John Kerry. It’s the first official sit-down between Obama and Martelly.

As the AP and Miami Herald report, Martelly met yesterday with Secretary of State John Kerry as well as with key members of the House of Representatives. At the top of the agenda, reports the Miami Herald, is the holding of long overdue legislative and local elections, originally scheduled to take place in April 2011 and May 2012. White House Assistant Press Secretary Jonathan Lalley told reporters that the U.S. wants to see elections “that are free, fair and transparent, that allow Haitians to express their views as part of the political process, and that provide the political stability that is critical for Haiti’s continued progress.”

Kerry, meanwhile, praised Martelly for “the enormous commitment that he has made to transition from reconstruction into a long-term development program. And under his leadership, elections are now on the horizon, which could for the first time provide the filling out of all of the electoral positions to Haiti.”

2014 is now the third straight year that the Haitian government has pledged to hold elections, with similar pledges in 2012 and 2013 proving hollow. The last election in Haiti, conducted within the first year after the devastating 2010 earthquake, was plagued by low turnout, political parties being prevented from participating and serious problems with voter registration, among other issues. On election day, 12 of the 19 presidential candidates called a press conference to denounce the election and call for their annulment. Mirlande Manigat, a constitutional law professor and Martelly, the two highest profile candidates to denounce the election each received a call the day afterward from the head of the U.N. military contingent in Haiti (MINUSTAH), Edmond Mulet. Mulet, desperately trying to keep the electoral process moving, told each of them that they were ahead in the race. They both quickly walked back from their statements from the previous day.

Jake Johnston / February 06, 2014