Never base the entire economic outlook on one report, but this is *not* great. For months, we have been holding our breath watching the labor market get weaker and weaker. It may finally be beginning to break. #jobsday

Great thread.

Kate Gallagher Robbins@kfgrobbins.bsky.social · 7mo ago

One group flying under the radar in today’s jobs day chatter? Indigenous women. Indigenous women, including American Indian/Alaska Native (AIAN) & Native Hawaiian Pacific Islander women (NHPI), are not part of the monthly #JobsData release due to a lack of investment. #JobsDay (1/8)

So, to sum up, measures of underemp & Black unemp were still flashing danger, at the end of the (meh labor market) year & should be watched in 2026. Workers at the margins - people of color, involuntary part time, discouraged-are the groups who feel a downturn first, feel it longest, & recover last.

Black unemp went down to 7.5% in Dec from 8.3 in Nov. BUT! - that measure is volatile, so a single month means less than the trend - Black unemp has been 📈 all year - it's still nearly *double* the unemp rate for white workers (3.9) - if the overall UR was 7.5 it would be a national emergency

I mean. This is the underemployment story. Involuntary part-time is up over a million from a year ago. It had a slight rebound in December, but that could very well be due to the holiday season.

Joey Politano🏳️‍🌈@josephpolitano.bsky.social · 7mo ago

Look at broader measures of unemployment—including people who want a job but aren't in the labor force or who are working part-time but want a full-time job—and the labor market is in nearly the worst place since the early pandemic

Already so what do we got? A weak jobs report for december to cap off a weak year of labor market data. Job growth came in at 50k, lower than expectations, with downward revisions for the part 2 months, and the unemployment rate is at 4.4. #EconSky

In my first piece as a @groundwork.bsky.social fellow, I’m previewing #JobsDay. Underemployment and Black unemployment are on the rise, & that usually means a labor market slowdown is coming for the economy overall. groundworkcollaborative.org/news/are-can...

Excited to (re)join Groundwork!

Groundwork Collaborative@groundwork.bsky.social · 7mo ago

Groundwork is adding two new powerhouse Senior Fellows to our team: @janellecj.bsky.social and @grayflood.bsky.social. Janelle and Grayson will build on our work to address the driving factors behind price hikes and craft ambitious policy solutions. Join us in welcoming Janelle and Grayson!