Heidi Shierholz(@hshierholz) 's Twitter Profileg
Heidi Shierholz

@hshierholz

President, @EconomicPolicy. Former Chief Economist, US Dept of Labor. Bike commuter, backyard beekeeper. Tweets my own, particularly the dog tweets. She/her.

ID:278106629

linkhttp://www.epi.org calendar_today06-04-2011 16:32:10

10,2K Tweets

20,5K Followers

1,8K Following

Follow People
Elise Gould(@eliselgould) 's Twitter Profile Photo

The latest data out of the BLS-Labor Statistics this morning show that job openings held steady in November as hires and separations fell. Within total separations, the number of quits and layoffs both ticked down.
bls.gov/news.release/p…

The latest #JOLTS data out of the @BLS_gov this morning show that job openings held steady in November as hires and separations fell. Within total separations, the number of quits and layoffs both ticked down. bls.gov/news.release/p…
account_circle
Ben Casselman(@bencasselman) 's Twitter Profile Photo

Job openings, quits and layoffs all edged down slightly in November. Consistent with a gradually cooling labor market, but definitely no sign things are falling off a cliff.
Data: bls.gov/news.release/j…

account_circle
Derek Thompson(@DKThomp) 's Twitter Profile Photo

Incredible picture via Mike Konczal of the '2023 = 1948' narrative

i.e., While many experts saw a 1980s redux, instead inflation caused largely by post-crisis (war/covid) surge of demand with supply-side constraints gradually resolved as supply side stuff normalized

Incredible picture via @mtkonczal of the '2023 = 1948' narrative i.e., While many experts saw a 1980s redux, instead inflation caused largely by post-crisis (war/covid) surge of demand with supply-side constraints gradually resolved as supply side stuff normalized
account_circle
Jared Bernstein(@econjared46) 's Twitter Profile Photo

Here at Council of Economic Advisers we mourn the loss & celebrate the life of Robert Solow. A giant in our field, Bob was a senior economist at CEA in the early '60s, in pretty great company (this is from '63 ERP). To this day, we work to infuse our work with his spirit, rigor, and humanity.

Here at @WhiteHouseCEA we mourn the loss & celebrate the life of Robert Solow. A giant in our field, Bob was a senior economist at CEA in the early '60s, in pretty great company (this is from '63 ERP). To this day, we work to infuse our work with his spirit, rigor, and humanity.
account_circle
Justin Wolfers(@JustinWolfers) 's Twitter Profile Photo

Are we there yet?

Yes kids, we are: The inflation measure the Fed targets (core PCE) has run at an annualized rate of 1.9% over the past six months, *below* the Fed's two percent target.

This isn't a one-off blip; it's six months of sustained low inflation.

account_circle
Adam Dean(@AdamDean34) 's Twitter Profile Photo

Worried about voting rights and the 2024 election?

Labor unions are vital to defend ballot drop boxes and voting access.

1 point ⬆️ union density ➡️ 9.8% ⬆️drop boxes.

Check of my new Economic Policy Institute report with Jake M. Grumbach & Patron Saint of Lost Causes

epi.org/publication/un…

Worried about voting rights and the 2024 election? Labor unions are vital to defend ballot drop boxes and voting access. 1 point ⬆️ union density ➡️ 9.8% ⬆️drop boxes. Check of my new @EconomicPolicy report with @JakeMGrumbach & @jamiekmccallum epi.org/publication/un…
account_circle
Elizabeth Pancotti(@ENPancotti) 's Twitter Profile Photo

'We gave up on full employment in the 1980s. That was really a mistake that gave up a lot for American workers. It’s great to see that turn around.'

account_circle
Arin Dube(@arindube) 's Twitter Profile Photo

Bob Solow, RIP.

Your wit and insights were an inspiration to me. Here I found your brutal quips on those who taught me macro at Univ Chicago to be quite memorable!

Bob Solow, RIP. Your wit and insights were an inspiration to me. Here I found your brutal quips on those who taught me macro at Univ Chicago to be quite memorable!
account_circle
Economic Policy Institute(@EconomicPolicy) 's Twitter Profile Photo

Protecting everyone- workers, their families, and customers- from potential illness is one reason paid sick leave is good for both employers and workers. More from our Elise Gould on CSPAN
c-span.org/classroom/docu…

account_circle
Arin Dube(@arindube) 's Twitter Profile Photo

Good piece on the historically important role played by the American labor movement in creating social cohesion in the community.

account_circle
Daniel Zhao(@DanielBZhao) 's Twitter Profile Photo

Reminder: the Sahm rule did *not* trigger in October and the decline we saw in November is an important reminder why the rule uses a 3-month moving average of the unemployment rate. The rate can be volatile month-to-month.

account_circle
Elise Gould(@eliselgould) 's Twitter Profile Photo

The employment-to-population ratio rebounded for prime-working-age men in November, rising to 86.3% while the women's prime-age EPOP dropped a bit from its all-time high to 75.1%, still higher than the peak of any prior business cycle on record.

The employment-to-population ratio rebounded for prime-working-age men in November, rising to 86.3% while the women's prime-age EPOP dropped a bit from its all-time high to 75.1%, still higher than the peak of any prior business cycle on record.
account_circle
Elise Gould(@eliselgould) 's Twitter Profile Photo

Labor market continues strong:
- payroll jobs up 199k in November
- the mixed signals in the household survey last month were just a hiccup as employment rebounded with a 0.3 pp increase in the EPOP, 0.1 pp increase in the labor force, and a 0.2 pp drop in the unemployment rate

Labor market continues strong: - payroll jobs up 199k in November - the mixed signals in the household survey last month were just a hiccup as employment rebounded with a 0.3 pp increase in the EPOP, 0.1 pp increase in the labor force, and a 0.2 pp drop in the unemployment rate
account_circle
Council of Economic Advisers(@WhiteHouseCEA) 's Twitter Profile Photo

Job growth typically slows down as the unemployment rate falls and the economy nears its full potential. November’s strike-adjusted job growth is roughly expected given the 3.7% unemployment rate and the experience of 2015-19. 6/

Job growth typically slows down as the unemployment rate falls and the economy nears its full potential. November’s strike-adjusted job growth is roughly expected given the 3.7% unemployment rate and the experience of 2015-19. 6/
account_circle
Mark Zandi(@Markzandi) 's Twitter Profile Photo

Amazing! The job market’s performance is extraordinary. From today’s job report: lots of jobs, steadfastly low unemployment, sturdy non-inflationary wage growth, rising participation and boomy labor force growth. Nothing in today’s report suggests recession. Just the opposite.

account_circle