Preston Mui
@prestonmui.bsky.social
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Economist at Employ America | Kasia Niewiadoma Fanboy | Bird Liker Seattle, WA
I believe mine is 4
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1 day ago
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Preston Mui
EconReporter
2 days ago
Thank you all experts for explaining "why BLS can't just ask people whether they were unemployed in Oct for the household survey" to me And this one from Erika is a clear and definite one if you like a TLDR
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December meeting is going to be so messy. Outside of times like 2020, labor market deterioration plays out over months, not weeks. Unlikely the claims data in between now and then is going to be a slam dunk case for cutting or holding.
3 days ago
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3 days ago
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Preston Mui
Tomas Hirst
4 days ago
If you wanted one chart that would make me continue to say that the pandemic policy response and tradeoffs thereafter were worth it (from a macro perspective) this would probably be it. Sustained periods of v v high prime-age EPOP are rare!
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New Indeed posted wage growth data out yesterday -- 2.38% year on year, a new low in this cycle
4 days ago
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FOMC October Minutes "Several" vs. "Many"
4 days ago
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PPI next Tuesday Nov 25 October JOLTS delayed a week (dec 9) October Jobs day canceled November Jobs day delayed a week (Dec 16th, after fomc)
4 days ago
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seeing eggs down to 18/$3. economy is fixed
6 days ago
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Preston Mui
Michael Derby
6 days ago
A questioner asks Fed governor Waller about Trump's "rather non scientific arguments" for cutting interest rates. Waller, on the short list for Fed chair, says "I'm not gonna touch that one."
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Waller saying that neither the "September jobs report later this week or any other data in the next few weeks" are likely to deter him from supporting a December cut
6 days ago
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very disgusting
www.thecrimson.com/article/2025...
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As Summers Sought Clandestine Relationship With Woman He Called a Mentee, Epstein Was His āWing Manā | News | The Harvard Crimson
When former Harvard President Lawrence H. Summers was pursuing a romantic relationship with a woman he described as a mentee, he turned to a longtime associate for guidance: convicted sex offender Jef...
https://www.thecrimson.com/article/2025/11/17/summers-epstein-wing-man-woman-described-as-mentee/
7 days ago
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Preston Mui
Claudia Sahm
11 days ago
Okay, so maybe I wasn't too mean to him ...
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Preston Mui
Aaron Sojourner
17 days ago
Every month for the last 77 years, the Bureau of Labor Statistics has estimated Americans' unemployment rate This streak dies tomorrow Govt staff could not survey Americans about whether they're working or looking for work in Oct, the 1st time in 934 months This blind spot will remain forever
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who will step up to be the birder on the fomc
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11 days ago
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Preston Mui
Zohran Kwame Mamdani
18 days ago
A busy first day as your Mayor-elect: early morning interviews, transition announcements and meetings. More to say on all of it tomorrow. But a highlight was lunch with my Congresswoman
@aoc.bsky.social
at Laliguras Bistro in Jackson Heights.
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Preston Mui
Michael E. Mann
19 days ago
Ironically, I collaborated with several Gates-funded scientists some years ago in a study showing that climate change will potentially expose millions more in the highland regions of Africa to Malaria transmission. Press release here:
www.psu.edu/news/researc...
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New frontiers in fiscal stimulus
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19 days ago
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The future of discourse
20 days ago
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Cook sees current policy as "moderately" restrictive; " I believe that the downside risks to employment are greater than the upside risks to inflation."
20 days ago
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Preston Mui
Caitlin Gilbert
25 days ago
Iām crying
www.semafor.com/article/10/2...
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I was surprised to see powell call this stabilizing (or whatever term he used)
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25 days ago
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Powell saying there were 'strongly disagreeing views' about a December cut
25 days ago
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uhhh why is
bea.gov
down
25 days ago
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Simon is correct here! The stats background is only required if you want to type "correl var1 var2"
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27 days ago
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āŖ The top comments on the Mamdani message to Muslim video are all "I'm not a Muslim, I'm Jewish / Indian / Japanese / Latino and this message really speaks to me"
www.youtube.com/watch?v=uGBQ...
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My Message to Muslim New Yorkers ā and Everyone Who Calls This City Home.
YouTube video by Zohran Mamdani for NYC
https://www.youtube.com/watch?v=uGBQwCsIhn0
29 days ago
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what in the world
procyclinguk.com/alison-jacks...
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Alison Jackson joins St Michel - Preference Home - Auber93 on two-year deal -
Canadian rider Alison Jackson will bring her trademark energy, experience and strength to St Michel ā Preference Home ā Auber93, signing a two-year contract that will see her race with the French team...
https://procyclinguk.com/alison-jackson-joins-st-michel-preference-home-auber93-on-two-year-deal/
about 1 month ago
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Preston Mui
NBER
about 1 month ago
Wolves found only north of the Saint Lawrence River in Canada reduce animal-related vehicle collisions by 5 percentage pointsāproviding an empirical quantification of quasi-option value, from Eyal G. Frank, Anouch Missirian, Dominic P. Parker, and
@jenraynor.bsky.social
www.nber.org/papers/w34377
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Looking forward to the next adp number
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about 1 month ago
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Biege book is out "labor cost pressures intensified in recent weeks due to outsized increases in employer-sponsored health insurance expenses." "Tariff-induced input cost increases were reported across many Districts, but the extent of those higher costs passing through to final prices varied. "
about 1 month ago
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Preston Mui
Daniel Zhao
about 1 month ago
September CPI will be released in two weeks on Friday, Oct 24, 2025 at 8:30 AM ET to accommodate the SSA COLA adjustments despite the government shutdown. Jobs report won't be released though
www.bls.gov/bls/092025-c...
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The Indeed Wage Tracker growth rate has fallen a full percentage point year-to-date. Hard to see signs of re-acceleration here.
about 2 months ago
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Preston Mui
Mark Joseph Stern
about 2 months ago
NEW: The Supreme Court *refuses* to let Trump fire the Fed's Lisa Cookāfor now. Instead, the court agrees to hear the case in January. Cook may continue to serve in the meantime.
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Michael Derby
about 2 months ago
Spoke with Boston Fed chief Collins after her NYC speech and she cautioned against aggressive rate cuts: Cutting rates ātoo quickly and certainly announcing, oh yeah, we're just going toā¦keep going until we get to neutral, that seems to me to be a scenario where the risks to inflation go up."
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Exclusive: Fed's Collins cautions against aggressive rate cuts given inflation issues
Federal Reserve Bank of Boston President Susan Collins said on Tuesday that her outlook for monetary policy is consistent with the gradual path of easing shown in the latest central bank forecasts, in comments that framed aggressive rate cuts as risky.
https://www.reuters.com/business/feds-collins-cautions-against-aggressive-rate-cuts-given-inflation-issues-2025-09-30/
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Preston Mui
Ben Casselman
about 2 months ago
The Department of Labor has released its plan in the event of a government shutdown. Key takeaway for econ data: There will NOT be a jobs report on Friday (or any subsequent data releases) if funding isn't restored in time.
#NumbersDay
#EconSky
www.dol.gov/sites/dolgov...
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https://www.dol.gov/sites/dolgov/files/general/plans/dol-contingency-plan.pdf
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Just wrapped up 500ish miles of the Oregon backcountry
about 2 months ago
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New frontiers in fiscal stimulus
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2 months ago
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off season is here... we're so back
2 months ago
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@skandaamarnath.bsky.social
and I have a piece out about Stephen Miran, who is being considered for the Fed Board, and some of his concerning views around debt default, dollar policy, and fed independence. Some was covered at the hearing, but there's more...
www.employamerica.org/monetary-pol...
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Treasury Default, A Weak Dollar Policy, and Mass Fed Firings? What The Miran Hearing Missed
The confirmation hearing for Miran aired some key issues, but hardly all of them, and not the most important ones. It would be unwise to make an exception for seemingly āshort-termā appointments; shor...
https://www.employamerica.org/monetary-policy/what-the-miran-hearing-missed/
3 months ago
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o7 to the real deep state
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3 months ago
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hey it's me
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3 months ago
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TYFYATTM
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3 months ago
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Preston Mui
3 months ago
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Hard to concentrate on jobs day when two stilt sandpipers were spotted in renton
3 months ago
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3 months ago
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@gbenga-ajilore.bsky.social
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3 months ago
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Hotel wifi is a bit spotty so jobsposting may be slow today for me Soft report (I wouldn't say disastrous) but things going in the wrong direction Starting to see construction employment falling
#NumbersDay
3 months ago
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Miran arguing that you can't criticize his revolving door movement b.t. White House and Fed b/c his fed proposals are a package proposal, can't view that in isolation Not a view he held when he made similar criticisms of brainard and goolsbee long before his fed reform paper
3 months ago
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Preston Mui
Claudia Sahm
3 months ago
"Roth said ... the government isnāt arguing that the āfor causeā protection is invalid. But he said that deciding what qualifies as cause to be fired is within the presidentās discretion and not something a court can question." That's not a protection, then.
www.bloomberg.com/news/live-bl...
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Live: Judge Hears Case on Trumpās Firing of FedāsĀ Lisa Cook
Trump's Firing of Fed's Lisa Cook: Live News as Judge Hears the Case Today
https://www.bloomberg.com/news/live-blog/2025-08-29/live-updates-from-lisa-cook-court-hearing?srnd=homepage-americas&sref=YAR8Qcu4
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Preston Mui
Aaron Reichlin-Melnick
3 months ago
šØBorder Patrol arrested two firefighters who were actively fighting a wildfire at the time. When the other members of the crew asked for a chance to say goodbye, a Border Patrol agent told the crew member āyou need to get the f*ck out of here. Iām going to make you leave.ā
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