Aaron Sojourner
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Aaron Sojourner
@aaronsojourner.org

Labor econ @upjohninstitute.bsky.social & @IZA.org. Formerly senior economist for labor at White House CEA, UMinn prof, union organizer, bike courier, house painter, dishwasher... Minneapolis. Views mine.

aaronsojourner.org

Be kind • Work hard • Have fun .. more

Aaron Sojourner is an American economist and senior researcher at the Upjohn Institute for Employment Research. He was formerly an associate professor of economics at the University of Minnesota's Carlson School of Management and senior economist for the Council of Economic Advisers. His work has been widely covered by the media, particularly on the impact of the COVID-19 pandemic on the labor market in the United States. .. more

Economics 31%
Education 27%
Pinned
For Bluesky-Curious Econ Lovers, a Quick Start guide to plugging into the economics community here.

It aims to lower the costs & boost the benefits for folks to engage here.

If it seems useful, please share it here & especially on X.
📉📈 #️⃣#️⃣
aaronsojourner.org/for-bluesky-...
For Bluesky-Curious Econ Lovers - Aaron Sojourner
This Quick Start guide aims to help econ lovers easily join Bluesky’s growing economics community. The Bluesky User FAQ covers generic basics, like how to start an account. This guide orients you to e...
aaronsojourner.org

What are the downsides with them?

Reposted by Aaron Sojourner

Welcome to the Divided States of Oligarchy

Elon Musk Wealth
2012: $2 billion
2026: $852 billion

Jeff Bezos Wealth
2012: $18 billion
2026: $265 billion

Mark Zuckerberg Wealth
2012: $44 billion
2026: $249 billion

Federal Minimum Wage
2009: $7.25 an hour
2026: $7.25 an hour

Reposted by Aaron Sojourner

I am pretty used to corporate self-interest, but even I'm shocked by what Ellen Ioanes dug up about the Board of Peace and its designs in Gaza.
prospect.org/2026/02/09/b...
Board of Peace Is a Board of Profits - The American Prospect
Corporate interests dominate the organization planning the reconstruction of Gaza.
prospect.org

The world will respect the USA like never before (very little).

Congress should act to categorically exempt statistical agency staff from this schedule.

Statistical agencies by definition do not set policy.

Their only power and purpose is collecting data & publishing credible, informative stats. Without political independence, they can't do this.

"The newly finalized Schedule Career/Policy could place political pressure on workers in the BLS if they’re determined to fall under the 'policy-influencing' category, according to Sojourner and the ASA report."
news.bloombergtax.com/delaware-bri...

In sterling!
(Bloomberg) -- Alphabet Inc. plans to sell a very rare 100-year bond as part of its mega debt issue, in the first sale of such long-dated debt by a technology firm since the late 1990s. The 100-year bond will be denominated in sterling, .. according to a person familiar with the matter.

#$GOOGL
(Bloomberg) -- Alphabet Inc. plans to sell a very rare 100-year bond as part of its mega debt issue, in the first sale of such long-dated debt by a technology firm since the late 1990s. The 100-year bond will be denominated in sterling, .. according to a person familiar with the matter.

#$GOOGL

Yes, important to name that there is a group of winners from this politics/policy.

This just waste and loss. Nothing good comes of it. Just a lot of misery, coercion, and cost.

When you miss an entire month of data collection for the first time in 77 years (934 consecutive months).
bsky.app/profile/econ...
With the next jobs report coming, give a thought to the Labor force status flows data...

BLS ain't able to publish them in the previous two reports

www.bls.gov/web/empsit/c...

Some other resources that may be useful
bsky.app/profile/aaro...
Tragic but critical: resources for talking with kids during these traumatic times.
ibsweb.colorado.edu/crw/resource...

Reposted by Aaron Sojourner

With the next jobs report coming, give a thought to the Labor force status flows data...

BLS ain't able to publish them in the previous two reports

www.bls.gov/web/empsit/c...

Tragic but critical: resources for talking with kids during these traumatic times.
ibsweb.colorado.edu/crw/resource...

"The Trump tariffs amount to an average tax increase per US household of $1,000 in 2025 and $1,300 in 2026....

"The Trump tariffs are the largest US tax increase as a percent of GDP (0.54 percent for 2026) since 1993."
@taxfoundation.bsky.social
taxfoundation.org/research/all...

The comparison between "a lot" and "little" are load bearing here. I'm not sure.

Reposted by Todd Pugatch

Conventionally, the payment is set equal every month over 30 years.

Compared to that, this would keep 30 years & same interest rate (so banks wouldn't care) but just lower early-years payments & increase late-years payments. More borrowing due to repaying less early on but more affordablility.

The immaculate ratio

Buying still gives valued predictability of location and price and tax advantages. It's just that the financing terms are tweaked a bit.

Why? There's no real reason payments need to be constant for 30 years. What I could afford when I was 25-35 is less than I can afford at 50. That is a good bet for most people because of experience & inflation

If Lutnick should be out of power, then POTUS should too.

Therefore, it is essential to POTUS that Lutnick stay in power.
“.. He’s got a lot to answer for, but really, he should make life easier on the president, frankly, and just resign.”

@cnbc.com
www.cnbc.com/2026/02/08/e...

To improve 1st-home affordablility & better match housing payments to age-earnings profiles, why not a 30-year, fixed-rate, *rising-payment* mortgage?

A question I had after reading
@mtkonczal.bsky.social
newsletter.mikekonczal.com/p/why-afford...
Why Affordability and the Vibecession Are Real Economic Problems
There are many ways inflation makes people worse off even when real incomes recover, especially for essentials.
newsletter.mikekonczal.com
The BDN obtained and reviewed more than a thousand pages of federal court documents filed throughout New England, conducted interviews, attended court hearings and more. www.bangordailynews.com/2026/02/09/m...
ICE said it was arresting ‘the worst of the worst’ in Maine. We only found a few criminals.
The BDN used court records and other sources to identify 67 of roughly 200 people arrested in Maine during last month's surge.
www.bangordailynews.com
Immigrants save Americans' lives: "...a 25% increase in the steady state flow of immigrants to the US would result in 5,000 fewer deaths nationwide. We identify reduced use of nursing homes as a key mechanism driving this result."
www.nber.org/papers/w34791

Reposted by Aaron Sojourner

“.. He’s got a lot to answer for, but really, he should make life easier on the president, frankly, and just resign.”

@cnbc.com
www.cnbc.com/2026/02/08/e...
1/ ProPublica collected handwritten letters in mid-January from children held at the Dilley Immigration Processing Center, the same facility where 5-year-old Liam Conejo Ramos was taken.

Hundreds of kids are still detained.

We’ll let the children’s words speak for themselves. 🧵

Reposted by Aaron Sojourner

Join us today for the second of three Lionel Robbins lectures. Tonight Alan Manning (CEP, LSE) looks at foundations of immigration policy and its implications.

https://www.lse.ac.uk/events/a-picture-of-migration
A picture of migration | Alan Manning discusses new books at LSE event
Mon 9 Feb 2026, 6:30pm | Alan Manning | Ticket Required | Free public event at LSE
www.lse.ac.uk
And here is my story: ‘Absolute hell’: Irishman with valid US work permit held by Ice since September

www.irishtimes.com/world/us/202...
‘Absolute hell’: Irishman with valid US work permit held by Ice since September
Seamus Culleton has been in a detention facility in Texas for nearly five months despite having no criminal record
www.irishtimes.com