Justin Lahart
@jdlahart.bsky.social
đ€ 1875
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Wall Street Journal economics reporter
reposted by
Justin Lahart
The Wall Street Journal
about 23 hours ago
President Trump is making a last-ditch push to dissuade House Republicans from supporting a measure this week to release files related to sex offender Jeffrey Epstein.
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Trump Plays Hardball With GOP Lawmakers as Epstein Vote Approaches
Marjorie Taylor Greene says president is publicly targeting her to discourage other Republicans from supporting the measure.
https://on.wsj.com/3XvgIKL
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Every year, hundreds of thousands of U.S. workers take on seasonal jobs during the holidays. This year those jobs look harder to come by.
www.wsj.com/economy/jobs...
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Job Seekers Stare Down a Gloomy Holiday Hiring Season
Large companies say they are likely to add far fewer seasonal workers than in other recent years.
https://www.wsj.com/economy/jobs/holiday-seasonal-jobs-market-61f071b5
6 days ago
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The shutdown and the damage done
www.wsj.com/economy/gove...
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Itâs Going to Be Really Hard to Work Out How Much the Shutdown Hurt the Economy
The effect will probably be mostly temporary, but will leave a data fog at an otherwise uncertain time for the economy.
https://www.wsj.com/economy/government-shutdown-economic-impact-2fb5e27a
6 days ago
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Man, the shutdown even came for beer oâclock
add a skeleton here at some point
10 days ago
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Forgot until just now that this is one of those years when the CPS reference week for November comes early. Is this week.
www.bls.gov/cps/definiti...
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Concepts and Definitions (CPS)
Concepts and Definitions (CPS)
https://www.bls.gov/cps/definitions.htm#refweek
10 days ago
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Am I right that if the Social Security cap was $1 trillion, this year's shortfall could potentially get taken care of?
11 days ago
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How much does it matter that the shutdown disruptions are happening during what is on an unadjusted basis usually the strongest quarter of the year for economy?
11 days ago
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great story
www.wsj.com/us-news/what...
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What Happened When Small-Town America Became Data Center, U.S.A.
Business is surging for contractors and bars. Out-of-town workers are flooding hotels and RV parks. Cash is flooding into government coffers. But the newfound prosperity comes with costs.
https://www.wsj.com/us-news/what-happened-when-small-town-america-became-data-center-u-s-a-410f25e9?st=zquYDc&reflink=article_copyURL_share
13 days ago
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An AI tool that tells PR flacks pitching stories what I write about, since they obviously can't be bothered to figure that out for themselves
14 days ago
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One thing about alternative data: Its continued availability can turn on the whims of the data provider
www.wsj.com/economy/cent...
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Fed Lost Access to Private Jobs Data Ahead of Government Shutdown
Payroll processing firm ADP ended its data-sharing with the central bank after a speech highlighted the already-public collaboration.
https://www.wsj.com/economy/central-banking/fed-lost-access-to-private-jobs-data-ahead-of-government-shutdown-95225bd4?mod=hp_lead_pos2
26 days ago
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From the picture-worth-a-thousand-words dept.
www.wsj.com/tech/ai/is-t...
26 days ago
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reposted by
Justin Lahart
The Wall Street Journal
about 1 month ago
The number of unemployment claims filed by federal workers has grown sharply, reaching their highest level since a 34-day government shutdown that ended in January 2019.
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Unemployment Claims Filed by Federal Workers Shoot Higher
Data from states show that initial unemployment claims filed by federal government workers have jumped up this month.
https://on.wsj.com/3WvXogd
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reposted by
Justin Lahart
The Wall Street Journal
about 1 month ago
REIâs New York store is a beloved spot to do your businessâbut not necessarily the revenue-generating kind. Its planned closure is being mourned by Manhattan bathroom aficionados.
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New Yorkers Are Losing Their Favorite Bathroom: REI
The retailerâs Soho store is a beloved spot to do your businessâbut not necessarily the revenue-generating kind.
https://on.wsj.com/3Wv1BRj
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reposted by
Justin Lahart
The Wall Street Journal
about 1 month ago
When Walmart enacted the biggest pay raise in history, it destroyed $21.5 billion in market value. Today, it credits the moves with its gains.
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Walmart, Once a Byword for Low Pay, Becomes a Case Study in How to Treat Workers
The largest private employer in the U.S. increased wages in a bid to jump-start sales
https://on.wsj.com/4ooY1nl
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Question is, is this the leading edge, since people can take time to file. And how much is people coming off severance vs. recently fired?
about 1 month ago
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Always learn stuff from Orley Ashenfelter's excellent podcast
irs100.princeton.edu/podcasts
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Podcasts | Princeton Industrial Relations Section Centennial
The Work Goes On: An Oral History of Industrial Relations and Labor Economics with Princetonâs Orley Ashenfelter
https://irs100.princeton.edu/podcasts
about 1 month ago
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Investment in artificial intelligence is helping the U.S. economy grow. But the tools themselves arenât substantially boosting the productivity of American workers in the way AI enthusiasts hope they willâat least not yet.
www.wsj.com/tech/ai/ai-w...
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AI Is Juicing the Economy. Is It Making American Workers More Productive?
Investment in AI ignited a fire under the U.S. economy. But the technology hasnât yet fulfilled the promise of making humans work more efficiently.
https://www.wsj.com/tech/ai/ai-worker-productivity-economy-77498195
about 1 month ago
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reposted by
Justin Lahart
The Wall Street Journal
about 1 month ago
Exclusive: Prominent Trump supporters sold sponsorships to what appeared to be a U.S. Treasury event. It wasnât.
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Trump Allies Sold Sponsorships to What Appeared to Be a Treasury Event. It Wasnât.
The Treasury said it didnât approve a marketing pitch for a private Oct. 21 event about AI that is headlined by Scott Bessent.
https://on.wsj.com/4ojQjLr
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reposted by
Justin Lahart
Anthony DeBarros
about 1 month ago
Stronger growth but a weaker jobs picture: Economists surveyed by
@wsj.com
see a bifurcated picture of the nation's economic prospects. Latest quarterly survey, with @HarrietTorry
www.wsj.com/economy/cent...
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Stronger Growth, Weaker Hiring: Forecasters See a Split-Screen Economy
In the latest Wall Street Journal survey, forecasters also predict that the Federal Reserve will become less independent.
https://www.wsj.com/economy/central-banking/economist-survey-jobs-economic-growth-f76381f8?st=AQkPh5
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reposted by
Justin Lahart
Paul Kiernan
about 1 month ago
Bit of personal and professional news: I recently moved from DC to Los Angeles, where I'll be covering the California (and West Coast, and still U.S.) economy for
@wsj.com
. My first story:
www.wsj.com/economy/hous...
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California Wants to Make It Easier to Build Housing. Los Angeles Objects.
Gov. Newsom Friday signed a bill that will make it easier to build apartment buildings. Cities like Los Angeles fear a loss of control.
https://www.wsj.com/economy/housing/california-housing-bill-los-angeles-pushback-e339bc20?st=DDTGLn&reflink=desktopwebshare_permalink
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My guess is that this year will be the first time one of the winners is married to a previous nobel winner
add a skeleton here at some point
about 2 months ago
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reposted by
Justin Lahart
about 2 months ago
1/2 I wish I could stay away from incoming econ Nobel frenzy, but you don't always get what you want, so help me Here is
@richardtol.bsky.social
's forecast (
richardtol.substack.com/p/2025-nobel...
) Samuelson's 1969 reflection on how many laureates should receive it jointly, and questions for you:
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reposted by
Justin Lahart
The Wall Street Journal
about 2 months ago
Shoppers are throwing tantrums in the coffee aisle. Cafe owners are getting dirty looks. The year that sent java lovers over the edge.
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Hell Hath No Fury Like a Coffee Drinker in 2025
Lots of things are more expensive, but coffee is irreplaceable. So Americans are eating the price hikesâand reserving the right to rant.
https://on.wsj.com/3IsUXaR
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Economists, investors and policymakers usually spend the first Friday each month poring over the latest government jobs report. Not this one.
www.wsj.com/economy/jobs...
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Itâs Jobs Friday Without a Jobs Number: Hereâs Where to Look for Alternatives
The monthly government jobs numbers wonât arrive on time. But private firms are helping fill the gap.
https://www.wsj.com/economy/jobs/adp-jobs-report-bls-data-42362dae?mod=hp_lead_pos3
about 2 months ago
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The new Revelio report shows a gain of 60k jobs. In a note, Revelio reports that both its data and ADP's are fairly correlated (~0.7) with the BLS data, but not as correlated (0.5) with each other. So combining the two for a BLS estimate might make sense. Doing that puts job growth at 38k.
about 2 months ago
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Thinking of writing a first-person essay on how many fine minds have fallen into the maw of first-person punditry
about 2 months ago
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đŹ
about 2 months ago
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The JOLTS report covers all of August, while the jobs report we probably won't be getting covers employment in the pay period that includes the 12th. So if you subtract JOLTS separations from hires, you maybe get a bit of signal for what payrolls would be...
about 2 months ago
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Wonder what the one exempt BLS employee during a shutdown does
about 2 months ago
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Quite the comment from the Dallas Fed manufacturing survey
about 2 months ago
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reposted by
Justin Lahart
The Wall Street Journal
about 2 months ago
Venezuelans and other immigrants are starting to disappear from Doral, Fla., where President Trump plans to host the G-20 summit next year.
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Miami Suburbâs Once-Vibrant Housing Scene Is Hit by Exodus of Migrants
Doral, Fla., was a hub for Venezuelan immigrants, but now many have moved away, leaving their belongings, jobs and homes behind.
https://on.wsj.com/4pMYuBw
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The Federal Reserve resumed its interest-rate cutting campaign earlier this month in an effort to reverse a stall in the job market. The problem: The hiring drought canât be cured by lower interest rates alone, at least not soon.
www.wsj.com/finance/inve...
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Rate Cuts Might Not Cure What Ails the Job Market
Tariffs, tight credit weigh on hiring plans while some channels for rate relief are clogged.
https://www.wsj.com/finance/investing/jobs-market-interest-rate-cuts-7a016ba3?st=EDciMJ&reflink=article_copyURL_share
about 2 months ago
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The team of federal economists and researchers responsible for producing the government survey that measures hunger in America were put on indefinite paid leave Monday, according to the union that represents the workers.
www.wsj.com/politics/pol...
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Exclusive | USDA Puts Food Researchers on Leave
The move comes days after the Trump administration abruptly canceled an annual Agriculture Department report that measures hunger in America.
https://www.wsj.com/politics/policy/usda-puts-food-researchers-on-leave-ef287cd7?mod=politics_lead_pos2
about 2 months ago
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I, too, often start writing at 7 in the morning and keep going to midnight
add a skeleton here at some point
about 2 months ago
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The Trump administration says the new $100,000 annual fee for H-1B visas it announced Friday will help American workers. Many economists worry it will do just the opposite.
www.wsj.com/economy/jobs...
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Will the $100,000 Visa Fee Help U.S. Workers? Economists Arenât So Sure
Changes to the H-1B system could benefit some U.S. workers. But economists say losing foreign talent could weaken the overall job marketâand shift production overseas.
https://www.wsj.com/economy/jobs/will-the-100-000-visa-fee-create-more-u-s-jobs-economists-arent-so-sure-8693001d
about 2 months ago
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The Trump administration is canceling an annual government effort to gather data on how many Americans struggle to get enough food.Â
www.wsj.com/economy/trum...
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Exclusive | Trump Administration Cancels Annual Hunger Survey
The government has been measuring food insecurity since the mid-1990s, but now says the report has become âoverly politicized.â
https://www.wsj.com/economy/trump-administration-cancels-annual-hunger-survey-ca3d3793?st=mmW54F&reflink=article_copyURL_share
about 2 months ago
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The great Bob Hagerty, on his mom, Marilyn Hagerty
www.wsj.com/us-news/mari...
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Marilyn Hagerty, Whose Column on Olive Garden Went Viral in 2012, Dies at 99
It was a simpler time online, her son recallsâand his no-nonsense mother broke through the noise for all the right reasons
https://www.wsj.com/us-news/marilyn-hagerty-obituary-b456a4df?mod=wknd_pos1
about 2 months ago
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reposted by
Justin Lahart
The Wall Street Journal
2 months ago
South Korea is conducting a government investigation into potential human-rights violations against more than 300 Korean citizens detained in Georgia this month.
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South Korea Probes Allegations of Human-Rights Violations Tied to Hyundai Raid
Seoul is looking at the U.S.âs treatment of Korean citizens inside a detention center, and whether any of them was unfairly arrested.
https://on.wsj.com/4gsvGd9
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reposted by
Justin Lahart
The Wall Street Journal
2 months ago
In the weeks since President Trumpâs 50% tariffs on Indian imports took effect, apparel, food and jewelry businesses on central New Jerseyâs Oak Tree Road have been wrestling with how to cope.
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Global Trade War Comes to New Jerseyâs âLittle Indiaâ
In the weeks since President Trumpâs 50% tariffs on Indian imports took effect, apparel, food and jewelry businesses on central New Jerseyâs Oak Tree Road are wrestling with how to cope.
https://on.wsj.com/41QEDqJ
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I feel like the Progressive Policy Institute could have picked a better time to send this than 8:29 am on the day producer price index comes out
2 months ago
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reposted by
Justin Lahart
Paul Kiernan
2 months ago
âThis is the worst Iâve seen,â said Pam Kehaly, CEO of Blue Cross Blue Shield of Arizona. âItâs happening so fast, itâs happening so broadly.â She points to more aggressive billing by some healthcare providers, potentially powered by artificial-intelligence tools.
www.wsj.com/health/healt...
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Exclusive | Health Insurance Costs for Businesses to Rise by Most in 15 Years
Insurers say that the rising premiums are driven by growing healthcare costs.
https://www.wsj.com/health/healthcare/health-insurance-costs-rise-6cc1b934?st=LAFQzb&reflink=article_copyURL_share
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reposted by
Justin Lahart
The Wall Street Journal
2 months ago
Exclusive: The White House is preparing a report laying out alleged shortcomings of the Bureau of Labor Statisticsâ jobs data, five weeks after President Trump fired the chief of the agency
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White House Prepares Report Critical of Statistics Agency
The assessment would follow President Trumpâs firing of the head of the Bureau of Labor Statistics.
https://on.wsj.com/4n4lDNZ
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reposted by
Justin Lahart
The Wall Street Journal
2 months ago
See the Epstein birthday letter with Trumpâs signature. We analyze the text and drawing of a nude woman.
on.wsj.com/42eukNg
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Exclusive | A Visual Breakdown of the Trump Birthday Letter to Epstein
An analysis of the text and drawing long hidden in a 2003 birthday book
https://on.wsj.com/42eukNg
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Speaking of pictures you can see in the Wall Street Journal, how about this one showing the share of people in different health-services occupations who are foreign-born?
www.wsj.com/economy/jobs...
2 months ago
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reposted by
Justin Lahart
The Wall Street Journal
2 months ago
Exclusive: Jeffrey Epsteinâs estate has given Congress a copy of the 2003 birthday book, including the letter with Trumpâs signature that he has said doesnât exist.
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Epstein Birthday Letter With Trumpâs Signature Revealed
Lawyers for Epsteinâs estate have given Congress a copy of the 2003 birthday book.
https://on.wsj.com/4pdY0Ux
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Americaâs labor market has slowed markedly in recent months. If it werenât for job gains in the health-services sector, it would barely be growing at all.
www.wsj.com/economy/jobs...
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Healthcare Jobs Are a Rare Bright Spot in the Stalling Labor Market
One danger: Coming Medicaid cuts pose a threat to health services.
https://www.wsj.com/economy/jobs/healthcare-job-creation-charts-us-economy-adf2ff89
2 months ago
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âWeâve worked hard, built businesses, created jobs here,â read one message in a sprawling group chat of Koreans living in the area. âAnd instead of support, it feels like weâre being pushed out.â
www.wsj.com/us-news/hyun...
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Hyundai Raid Rattles a Hot Spot of Growth in Georgia
Koreans drawn to communities around the carmakerâs complex now wonder if they are welcome.
https://www.wsj.com/us-news/hyundai-raid-rattles-a-hot-spot-of-growth-in-georgia-d1fcd585?st=Lou5DN&reflink=article_copyURL_share
2 months ago
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reposted by
Justin Lahart
The Wall Street Journal
2 months ago
Hundreds of people including South Korean workers were arrested in an immigration raid at a Hyundai Motor battery plant under construction in Georgia.
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U.S. Arrests Hundreds in Raid at Hyundai Plant Construction Site in Georgia
South Korea protested over the immigration raid and said it was trying to secure the release of its citizens.
https://on.wsj.com/3V4erVP
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National Bureau of Espresso Research has made the call
3 months ago
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reposted by
Justin Lahart
Jeanne Whalen
3 months ago
Six months into tariffs, businesses donât know how to price anything. Tariffs keep changing. Big retailers wonât pay more. And everyone is afraid of angering consumers. âEveryone is struggling to figure out what to do.â
www.wsj.com/business/ret...
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Six Months Into Tariffs, Businesses Have No Idea How to Price Anything
A North Carolina company says tariff uncertainty has given way to a new problem: what to charge. âEveryone is struggling to figure out what to do.â
https://www.wsj.com/business/retail/trump-tariff-business-price-impact-37b630c8?st=egPwac&reflink=article_copyURL_share
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