Latest posts tagged with #numbersday on Bluesky
Inflation was looking like a problem even before the war. On a three-month annualized basis, PCE (both headline and core) topped 4% in February. Year-over-year core PCE is up 3%. And now the war will push prices higher. #NumbersDay
More from @colbylsmith.bsky.social: www.nytimes.com/2026/04/09/b...
Thursday morning econ data: Inflation up, income down and consumer spending soft in February (and that's *before* the impact of the war). And GDP was even weaker at the end of last year than previously known. #NumbersDay #EconSky
Upjohn Institute president Michael Horrigan is featured in a new collaborative effort exploring the state of federal economic statistics. What risks face the system for compiling and sharing trustworthy data, and how can we address them?
#econsky, #statistics, #numbersday,
Bar Chart: Jobs Created Last 14 Months Before Trump versus First 14 Months Under Trump Before Trump: 1.56 Million Under Trump: 369K Source: BLS
Yesterday's Jobs Numbers in Perspective:
With the release of the March employment report, we now have 14 months of jobs data under Trump. Comparing it to the 14 months before he returned to office, the slowdown in job growth is dramatic.
#EconSky #NumbersDay (one day late)
Couple quick charts re: data reliability.
First, revisions: Recent revisions have been consistently downward (although note that January was revised UP). The scale of the revisions isn't unprecedented, but they have been quite large. #EconSky #NumbersDay
The Black unemployment rate continues to be much higher than white, but appears to be trending down as their employment ratio holds steady. It's a more volatile series so I'd be cautious to say more at this point.
#NumbersDay
Wage growth has been slowing for the last few months, particularly driven by slower growth for production and nonsupervisory workers, roughly the lower 82% of the workforce.
#NumbersDay #EconSky
Manufacturing rose 15,000 jobs in March, but still has a huge deficit since Trump took office. Since January 2025, the manufacturing sector has lost 82,000 jobs.
#EconSky #NumbersDay
Attacks on the federal workforce continue (down 18k jobs in March). Federal employment has shrunk an alarming 352k jobs since Jan 2025. The vital services federal employees provide cannot be done without these essential workers. The cost of these losses are only just beginning.
#EconSky #NumbersDay
Overall job gains were 178k in March after a -133k loss in February. Job gains were strongest in health care as striking workers returned to work. Gains also noted in leisure and hospitality as well as construction. Job losses in the federal government as well as financial activities.
#NumbersDay
Today's jobs report came in stronger than expected with an increase of 178,000 to payroll employment. However, much of the gain was a bounce back to February declines (now a loss of 133,000 jobs). As a result, average monthly growth the last two months was only 22,500 jobs.
#NumbersDay #EconSky
U.S. employers added 178,000 jobs in March and the unemployment rate ticked down to 4.3 percent.
#NumbersDay
Data: www.bls.gov/news.release...
Full coverage: www.nytimes.com/live/2026/04...
A chart showing that Trump’s economy has underperformed Biden across a range of employment categories. Total Employment Private Sector Construction Manufacturing Coal Mining Gas and Oil Extraction High School & <High School 1/25-2/26 0.1% 0.3% 0.5% -0.8% -3.2% -3.0% -3.1% 11/23-12/24 1.0% 0.8% 2.3% -1.3% -2.8% 0.2% -0.5%
As we await the March jobs report, worth remembering on this day-after-Liberation Day anniversary just how poorly the Trump jobs market is performing.
Most striking? The nearly 1.4 million fewer people with high school diplomas or less are employed today.
#econsky #jobsday #numbersday
February data from the Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey show a decline in hires to 4.8M (-498K). The hires rate fell to 3.1 percent, its lowest level since April 2020, and similar to the levels seen in the years following the Great Recession. #NumbersDay
Job openings were down in February, but January's total was revised up. On balance, openings have basically stabilized in recent months (or maybe are trending down ever so slightly). #NumbersDay
New unemployment insurance claims edge up 2% to modest 216K in week ending 3/21.
Continuing claims edge down.
The low-fire side of the low-hire, low-fire, deer-in-the-headlights labor market continues.
#NumbersDay
New unemployment insurance claims edge down 8,000 (4%) in week ending (WE) 3/14 to low 205,000. Continuing claims steady.
Low fire side of the low-hire, low-fire, deer-in-the-headlights labor market continues.
#NumbersDay
Although Challenger reported a surge in job cuts in January, that did not materialize in the official #JOLTS data. Layoffs and discharges fell just slightly between December and January and remain fairly low by historical standards.
#NumbersDay
The hires rate was unchanged in January and remains at levels similar to 2013 when the economy was still recovering from the Great Recession. Quits also remain lower than what we experienced in the tight pre-pandemic labor market. Employers and workers appear to be in a holding pattern.
#NumbersDay
#Numbersday updates from our own @aaronsojourner.org.
#numbersday, #econsky, #jobs
Today, the BLS released the latest Job Openings and Labor Turnover Survey data for January:
- Most measures experienced little to no change since December
- Benchmark revisions indicate very small changes in originally reported data for December, little to no impact on trends
#NumbersDay #EconSky
How did U.S. metro areas' exports change from 2024 to 2025?
#NumbersDay
www.census.gov/foreign-trad...
From February 2025 to February 2026, real average hourly earnings increased 1.4 percent, seasonally
adjusted.
#NumbersDay
www.bls.gov/news.release...
Inflation was still running hot *before* Trump launched his war of choice with Iran. Overall consumer prices up 2.4%yoy; gas utilities (10.9%), electricity (4.8%), medical care (4.1%), and food (3.1%) are leading price increases. www.bls.gov/news.release... #numbersday #econsky
U.S. consumer prices rose 0.3% in February and were up 2.4% from a year earlier. "Core" prices, excluding food and energy, were up 0.2% month/month and 2.5% year/year. But remember that all these numbers are from before the war in Iran sent gas prices soaring. #NumbersDay
New jobs day analysis from @saraestep.bsky.social and me on the latest labor market data and how Trump's immigration policies are not delivering for native-born workers and hurting the overall health of the labor market #numbersday #econsky ⇣ www.americanprogress.org/article/immi...
The overall unemployment ticked up slightly in February, while the unemployment rate rose for Black, Asian, and Hispanic workers. Notably volatile series, but Black unemployment is now back up at 7.7% compared to only 3.7% for white workers.
#EconSky #NumbersDay
