Carmen Sánchez Cumming retweeted
really funny but good line here from Paul in a convo with @zachdcarter i watched this weekend, to "think of keynes not as the prophet of increasing aggregate demand but as the prophet of creating a world that's safe for art"
Los otros huérfanos de @AtandoCabos y @DeniseMaerker, ¿a dónde se fueron? No he encontrando a quién escuchar.
Carmen Sánchez Cumming retweeted
5. As the labor market recovers from the #COVID19 recession, @CSanchezCumming believes the relationship between #employment growth, job switching, and wage disparities has never been more important. ➡️ buff.ly/41t9Mz7
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Carmen Sánchez Cumming retweeted
Faced with a global inflation, how did real wage growth fare across countries?
A new Treasury report has some answers.
American fiscal response that prioritized jobs and tight labor markets delivered better protection for wages against inflation.
home.treasury.gov/news/featu…
Carmen Sánchez Cumming retweeted
Ahead of tomorrow's #JobsReport, our @CSanchezCumming took stock of how the U.S. labor market has been faring over the last three months.
TL;DR Most indicators show the labor market is very strong, but some economic disparities could widen anew if policymakers don’t take action.
Carmen Sánchez Cumming retweeted
This new report from @CSanchezCumming is a must-read. Institutional support for workers is essential to ensure industrial policies effectively support job quality and that public & private sector investments result in stronger, more equitable growth.
equitablegrowth.org/research…
Carmen Sánchez Cumming retweeted
Most industries experienced an increase in quits in May. There was an especially sharp rise in the construction sector, where the quits rate increased from 2.1 percent to 2.9 percent. #JOLTS (5/6)

ALT Six charts showing quits by selected major U.S. industry (construction; education and health services; financial activities; leisure and hospitality; manufacturing; trade, transportation, and utilities), indexed to job openings in February 2020 Title: Quits tend to fall during recessions and rise during expansions
Carmen Sánchez Cumming retweeted
🚨 New report just dropped 🚨 As industrial policy makes a comeback in the U.S., how do we ensure the millions of jobs being created are *good* jobs?
A must-read from our @CSanchezCumming:
equitablegrowth.org/research…
Carmen Sánchez Cumming retweeted
The national unemployment rate rose to 3.7 percent in May, with increases for White workers (3.3), Asian American workers (2.9), and Black workers (5.6). The jobless rate for Latino workers declined to 4 percent. #JobsReport
Carmen Sánchez Cumming retweeted
May's #JobsReport just dropped 📈📉 Our @CSanchezCumming + @AustinClemens2 highlight 5 key things to know.
First: The U.S. labor market added 339,000 jobs last month, but the employment-rate for prime-age workers fell slightly from 80.8 percent in April to 80.7 percent in May.
Carmen Sánchez Cumming retweeted
Quits are essentially back down to 2019 levels. This matters because wage growth and quits relationship fit with 2013-19 data* well-predicts actual wage growth after 2020.
More support that the labor market is approaching pre-pandemic tightness levels.
[* quadratic fit]
Carmen Sánchez Cumming retweeted
The overall number of quits fell slightly in April, including in industries such as manufacturing and education and health services. But quits rose in industries such as construction and financial activities. #JOLTS (5/6)

ALT Six charts showing quits by selected major U.S. industry (construction; education and health services; financial activities; leisure and hospitality; manufacturing; trade, transportation, and utilities), indexed to job openings in February 2020 Title: Quits tend to fall during recessions and rise during expansions
Carmen Sánchez Cumming retweeted
#Opinión por @CSanchezCumming | La población latina no para de crecer y es cada día más heterogénea. La forma en que los hispanos se perciben, la arbitraria estadística y el impacto en la política. Más: lapoliticaonline.info/45tSu6…
Carmen Sánchez Cumming retweeted
Nominal wage growth (not accounting for inflation) declined in March, with average hourly earnings growth at 4.2 percent over the past 12 months, down from 4.6 percent in February. #JobsReport (5/6)
Carmen Sánchez Cumming retweeted
10 minutes ⏲️! We're still looking for a Goldilocks #JobsReport: job growth but just not too much. These conditions would maintain inequality-reducing gains but calm down the Fed.
For more, @CSanchezCumming's recent issue brief on recent job data trends: equitablegrowth.org/ahead-of…
Carmen Sánchez Cumming retweeted
Shakira, en su carácter de Emperatriz de Latinoamérica, reclama en su último tweet la Isla de San Martín 🇸🇽, San Bartolomé 🇧🇱 y la Guyana francesa 🇬🇫, territorios en control de Francia y Países Bajos. Es el reclamo de tierras más grande a la OTAN desde 1982.
Carmen Sánchez Cumming retweeted
While #JOLTS doesn't have a breakdown by race, ethnicity and gender, we know that the high rates of turnover were especially important for Black and Latino workers and those with less education.
























