The U.S. labor market continued to expand in 2024, but at a slower pace than the prior two years. Job growth remained fast enough to largely keep pace with population growth and wages rose faster than inflation. Upcoming Census Bureau data for 2024—set to be released on Tuesday—will reflect how these factors and others impacted annual earnings, income, poverty, and health insurance for workers, families, and children across the country.It’s worth emphasizing that the upcoming Census data do not reflect any economic developments in 2025. Some policymakers will attempt to claim any good news from the data as validation of the current U.S. policy path, but this would be completely misleading given the radical policy shifts in 2025 under the Trump administration. In this piece, we argue:[...]The labor market mostly held strong in 2024
Persistent economic disparities leave families of color disproportionately vulnerable
Policy changes are weakening the economy in 2025
Health insurance coverage and access to food assistance will fall over the next several years
Timely and accurate data are essential but under threat
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54 sats \ 7 replies \ @SimpleStacker 4h
Zapped for ~econ content! I haven't been posting much new material other than Stacker News Monthly, and @denlillaapan and @Rothbardian_fanatic have been less active, too. And of course @Undisciplined is on his sports related sidequest, (haha jk you guy are doing a great job with ~Stacker_Sports)
Did you have commentary to add to this piece though?
From the posted summary, I don't see anything too weird. I agree that Trump cannot take credit for anything that comes out of this new data release
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100 sats \ 6 replies \ @Undisciplined 4h
I’m really hoping to have more time for ~econ soon. I have three projects in RR right now and a couple others that need me to do some empirical work in order for coauthors to move forward. Perfect storm
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42 sats \ 5 replies \ @SimpleStacker 4h
Yeah i've been busy with IRL work too. Maybe when we clear our plates we can work on a project studying the economics of internet message boards using SN data
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0 sats \ 4 replies \ @Undisciplined 4h
Professional or SN exclusive research?
I think it would be cool to do a series of posts that progress through the stages of producing economic research.
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42 sats \ 3 replies \ @SimpleStacker 4h
Hopefully, something actually publishable. That would certainly dox us both, though
That's a great idea, I think a lot of people would be interested in that
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30 sats \ 2 replies \ @Undisciplined 4h
Yeah, that kind of Stacker News exclusive seemed like a way to pursue some of the random ideas I’ve had that aren’t particularly publishable.
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42 sats \ 1 reply \ @SimpleStacker 3h
It could be both, start with random explorations, see if anything more well developed emerges
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0 sats \ 0 replies \ @Undisciplined 3h
I’m potentially game for that. It’s a departure from anything I’ve worked on before, but I like diving into new things.
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0 sats \ 10 replies \ @jbschirtzinger 5h
From their site:
Therefore, their economic data is built upon lies.
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0 sats \ 9 replies \ @0xbitcoiner OP 5h
It’s pretty clear to me that Epi’s on the left and anti-Trump, I’ve said it here before. I like to read and hear takes from both sides so I can make up my own mind. As for lies, I can’t really spot them, I just don’t know enough. If you can point out where the lies are, I’d appreciate it.
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0 sats \ 8 replies \ @jbschirtzinger 5h
They are looking to defend the economy under Biden. Don't need any specific data to know that was a train heading to oblivion. All you had to do was be alive and try to live in the conditions that were being created. Since this place is EDI oriented, you are guaranteed they are down with that sickness. No need to go over their data with a fine tooth comb, anymore than you might a meth head's claims.
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0 sats \ 7 replies \ @0xbitcoiner OP 5h
I’m more into the facts than picking sides. Don’t care if they’re with Biden or Trump. So what data are they actually lying about?
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0 sats \ 6 replies \ @jbschirtzinger 5h
Fact is, Biden was never supposed to be president (and indeed wasn't actually). Build your facts from there.
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0 sats \ 5 replies \ @0xbitcoiner OP 5h
figured this chat ain’t going anywhere
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0 sats \ 4 replies \ @jbschirtzinger 5h
It was a non-starter from the moment you posted the post.
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0 sats \ 3 replies \ @0xbitcoiner OP 5h
Looks like my little jab got to you. No need to catch feelings, just had to point out the data you claim is false. Guess you couldn’t. All good, take it easy!
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