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econberger.bsky.social
Director of Economic Research at the Burning Glass Institute. I tweet a lot about labor markets, macro, and (sorry) music! Tweets represent my own views.
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"It's happening and it's confusing!" My recap of the May jobs report: macromostly.substack.com/p/bls-jobs-r...

submitted 3 hours ago • 0 comments

A May update on the job market for new grads: 1/ Lots of people angsty about the job market for college grads in their early 20s. Right now it seems to be "bad, but not actively getting worse". The market for college grads in their late 20s is still deteriorating though.

submitted 8 hours ago • 2 comments

Spicy opinion - from the perspective of labor market warmth, it doesn't matter whether nonfarm payroll employment growth gets revised down a lot (likely) or gets revised up a lot (very unlikely). We know what we need to know from the unemployment rate.

submitted 9 hours ago • 0 comments

Folks, if you're about to draw real world inferences from a M-M change in the household population counts... DON'T.

submitted 12 hours ago • 0 comments

Industries that rely more on unauthorized immigrants are adding jobs at a slower rate than the rest of the private sector. Gap opened up shortly after border encounters dropped last year.

submitted 12 hours ago • 2 comments

BLS charts: 1/ An increase of 139K in May, comparable to gains in the last two months (which were revised down). My speculative hypothesis based on QCEW data through December 2024: after the eventual benchmark revision, these numbers will be closer to 70K/month.

submitted 13 hours ago • 3 comments

This video is really funny, a contrast between the Beatles’ very wholesome image/attire and what is a pretty raw, aggressive performance youtu.be/2rxgipSQ_5g?...

submitted 22 hours ago • 0 comments

Nothing that a dynastic marriage wouldn’t solve, at least temporarily

submitted 1 day ago • 3 comments

It’s time to build (bananas)

submitted 1 day ago • 3 comments

My favorite detail in this story Steve Mnuchin writing code

submitted 1 day ago • 0 comments

In the latest installment of ChatGPT’s The Invisible Hand series, Special Agent Gary Cohn discovers that a rogue AI trained on communist literature is cranking out Section 232 tariffs. 1/

submitted 1 day ago • 1 comment

POV: the Galactic Empire applies Section 232 to impose 50% tariffs on kalkite, synthetic kalkite, kalkite alternatives, kalkite substitutes, and most alarmingly: Deep, substrate, foliated kalkite.

submitted 1 day ago • 2 comments

Reminder (for tomorrow and beyond)... Over the past 9 months the job market stopped getting worse even as employment growth slowed a lot. Slower employment growth doesn't necessarily mean the labor market is getting worse when it is driven by falling labor supply growth.

submitted 1 day ago • 0 comments

Business Trends & Outlook Survey from the Census Bureau: 1/ Employers are becoming slightly less pessimistic, relative to a year earlier, about future headcount (probably reflecting less-high tariffs). We haven't seen actual behavior (modestly contractionary) change much since last fall.

submitted 1 day ago • 2 comments