Daniel Perez
@rrepnnad.bsky.social
🇺🇸🇲🇽 in MD. Incoming Econ PhD student @ UCSC. Interested in the economics of worker power & immigration
Today's jobs report came in weaker than expected. The economy added 57k jobs in June and prior months were revised down. April and May are a combined 74k lower than previously reported. Analysts believe the World Cup added 40k to June numbers—without that, job growth would have been 17k. #EconSky
Looks like we're going to have to tax people out of being billionaires if we want to have a democracy.
ElieNYC@elienyc.bsky.social · 2mo agoGoddamn it. Kavanaugh also has the campaign finance case. 6-3, spending limits on dark money violate the First Amendment. Peter Theil's boy comes through for him, throwing WIDE the gates on the billionaire class buying elections.
Year over year real hourly wages continued to fall in May. The CPI grew 4.2% in May, beating out nominal wage growth and leading to a 0.8% fall in real wages. Accelerating price inflation is the real culprit but decelerating nominal wage growth indicates a weakening labor market. #NumbersDay
Just learned that one of my go-to coffee roasters was purchased by a private equity 🗑️🚮 If you know of any worker-owned or union coffee roasters, plz send recs
Inequality is the primary reason affordability feels out of reach for so many U.S. families. Without the massive redistribution of income to the top, middle-class households would have $19,000 more in annual income
The murders continue. The U.S. Has Now Killed More Than 180 People in Boat Strikes. We’re Tracking Them All @theintercept.com theintercept.com/2025/11/17/t...
BLS data show inflation rose to 3.3% in March, meaning real wages only grew 0.2% over the year. If inflation continues to increase, it's likely we see negative real wage growth in the coming months.
Josh Bivens@joshbivens-econ.bsky.social · 5mo agoPrice effects of the Iran conflict already showing up in March data. For the month, prices up a lot and real earnings are down. And it almost surely gets worse from here. 1
Price effects of the Iran conflict already showing up in March data. For the month, prices up a lot and real earnings are down. And it almost surely gets worse from here. 1
Congo says it will receive third-country deportees under new deal with US reut.rs/4c1TmU0
Congo says it will receive third-country deportees under new deal with US
Democratic Republic of Congo will take in third-country nationals deported from the United States under a new deal with the Trump administration, the government in Kinshasa said in a statement on Sunday.
reut.rs
Chat is this fiscal conservatism
Jeff Stein@jeffstein.bsky.social · 6mo agoSCOOP: The Pentagon asked the White House today for more than *$200 billion* for Iran war supplemental, sources say Some in WH think Congress won't support b/c it's so big Will tee up giant battle in Congress My last story for WaPo: www.washingtonpost.com/national-sec...
Today's jobs report was much weaker than expected. Payroll jobs fell 92k in Feb, and revisions to Dec data show a loss of 17k jobs. Average job growth over the last 3 months now under 6k. Household survey population controls indicate a significant drop in the labor force. #NumbersDay #EconSky
I'll be happy when she's prosecuted for the violence & fraud she's perpetrated ✨️
The New York Times@nytimes.com · 6mo agoBreaking News: Kristi Noem has been fired as homeland security secretary by President Trump, who picked Senator Markwayne Mullin of Oklahoma to replace her. Follow live updates. trib.al/znvv0xP
New research with @aaronsojourner.org of the @upjohninstitute.bsky.social posted on @northstarpolicy.org's blog. We find that Operation Metro Surge caused declines in employees working, hours worked, and businesses open, leading to an estimated $106 million wage loss for Twin Cities workers.
Impact of DHS Agent Surge on Minneapolis-Saint Paul Metro Area Labor Outcomes | North Star Policy Action
northstarpolicy.org
Awful to see these enormous layoffs at the National Employment Law Project. For more than five decades, NELP's staff have been working to raise wages, strengthen the safety net, and hold corporations accountable.
NELP Staff Association@nelpstaffunion.bsky.social · 6mo ago🚨 UPDATE 🚨 NELP Management has laid off 6 more bargaining unit members. Last year, our BU had 39 members. As of today, 8 members remain. Press statement coming soon.
The U.S killed three more people in a boat strike in the Caribbean yesterday. The toll of these these extrajudicial killings now exceeds 150 people. All known attacks are chronicled in our tracker, @theintercept.com theintercept.com/2025/11/17/t...
Huge win for workers! Every blue state should enact a similar ban immediately.
Attorney General Keith Ellison@ag.state.mn.us · 6mo agoWhen a lawsuit was filed challenging Minnesota’s ban on captive audience meetings, we got to work defending this pro-worker law. The Court of Appeals dismissed the lawsuit and today, the Supreme Court left that dismissal in place. This is a great day for Minnesota workers.
Glad to see kids that sleep on chairs at the family function represented at super bowl lx
Minnesota's 2023 DFL trifecta banned managers from forcing employees to attend anti-union "captive audience" meetings. Heard about an organizing campaign where, instead, mgmt offers Let Your Voice Be Heard, open-door, drop-in hours each day. No one's goes. Mgmt's embarrassed. Cancelled 'em.
And @rrepnnad.bsky.social studied the practical (and positive) impact of unemployment insurance for striking workers in this report
Unemployment insurance for striking workers: A low-cost policy that’s good for workers and state economies
Lawmakers across the country are increasingly recognizing that making striking workers eligible for unemployment insurance (UI) is good for workers and good economics.
epi.org
Before 2008, workers in every state were guaranteed 26 weeks of unemployment insurance if they lost a job. Today, many states have cut back benefits, some to as little as 12 weeks. With the economy teetering, unemployment benefits are more important than ever.
Unemployment insurance: State solutions to the U.S. worker rights crisis
What does current federal law say about unemployment insurance? Established in the wake of the Great Depression through the Social Security Act of 1935, unemployment insurance (UI) is a critical safet...
epi.org
About 8% of people lacked any form of health insurance in 2024. Unfortunately that rate will dramatically increase in the coming years, from 27 million to more than 40 million thanks to Republicans who cut Medicaid and ACA marketplace subsidies
Reliable data about the nation’s rising unemployment rate is also critical for enabling policymakers to address the needs of #workers who lose their #jobs. As #unemployment rises, #Congress must #FixUI.
The labor market continues to soften, according to the latest #JobsReport out this morning from the BLS. Payroll employment grew only 22,000 in August and revisions now show employment losses for June (-13,000). Over the last three months, job growth has slowed to just 29,000 on average. #EconSky
Corporate America has been waging a war against the trade union movement for a simple reason: They know that union workers earn higher wages and better benefits than non-union workers.
Ahead of the job numbers coming out next month, folks to follow for RELIABLE AND ACCURATE INFORMATION include: @elisegould.bsky.social @aaronsojourner.org @gbenga-ajilore.bsky.social Jessica Fulton (who isn't on here, but someone to follow) @epi.org if you want a breakdown by race and gender
