Joseph Lazzaro
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josephlazzaro.bsky.social
Joseph Lazzaro
@josephlazzaro.bsky.social
Business news editor - US economy specialist. Author: The United States Government - the promise of democracy and the economy. Prior: @ALM @Courant. College Lecturer, Researcher.
Econ Insights: The November 2025 ADP Private Sector Payroll report, which came in at -31,000 jobs lost, is concerning. The Bloomberg consensus estimate had expected a 10,000-job gain. One negative month does not 1/7
December 4, 2025 at 3:11 AM
Econ Insights: WTI oil at $59.75 per bbl, Brent at $63.63. The modest price decline in oil and #gasprices continues. If can’t occur soon enough. If you had to identify one factor that could substantially slow the US economy and mess-up the global economy, 1 / 4
November 9, 2025 at 4:10 PM
Econ Insights: August US jobs up an inadequate 22,000. The job market has expanded at an inadequate pace since April. US unemployment is 4.3%, but that will likely rise if in the fourth quarter 1/3
September 23, 2025 at 2:50 AM
Jingoism, braggadocio, vanity, empty show of life and xenophobia is not patriotism.

--

Rousseau
Montesquieu
Locke

That’s patriotism.

#USA🇺🇸
September 2, 2025 at 1:22 AM
Econ Insights: July US jobs up a paltry 73,000 but almost all aspects of this report has been overshadowed by the Trump Administration’s outrageous, unacceptable firing of / removal of Bureau of Labor Statistics 1/7
August 4, 2025 at 12:42 AM
Rousseau
Montesquieu
Locke

That's patriotism.
July 12, 2025 at 11:59 PM
Econ Insights: June US jobs up a better-than-expected 147,000 but again – there are qualifiers. This is only month 2 of #Trump’s new tariff / protectionist plan, and despite the job gain, hundreds if not thousands 1/5
July 6, 2025 at 2:05 AM
Econ Insights: May US jobs up a better-than-expected 139,000 but the report contains an asterisk (*) in that we’re only 1 mo. into #Trump’s new tariff / protectionist plan. Substantial job losses – and certainly, at minimum, reductions in GDP 1/3
June 8, 2025 at 2:57 AM
Econ Insights: March US jobs up a better-than-expected 228,000 but the report has been all-but-dwarfed by Trump’s global-wide tariffs. Health care added 54,000 jobs, retail 24,000, and transportation & warehousing 23,000. The more-telling stat 1 / 4
April 6, 2025 at 4:25 AM
Econ Insights: February US jobs up 151,000 – below expectations. December and January job totals revised up 16,000 and down 18,000, respectively, to 307,000 and 143,000, respectively: a revised wash. In February, health care sector added 52,000 jobs, financial activities, 21,000, 1/3
March 7, 2025 at 2:58 PM
"Give me your tired, your poor,
Your huddled masses yearning to breathe free...

On second thought, just give me your citizens with $5 million."

In case you didn’t know, I’m against Bozo's ‘Card.’

#democracy
#BlueCrew
#StrongerTogether
February 27, 2025 at 1:29 AM
Econ Insights: The US economy created 143,000 jobs in January. That’s inadequate job growth. However, November and December were revised up 100,000 in total, to 261,000 and 307,000, respectively. Hence, combined 1 / 3
February 7, 2025 at 5:13 PM
Econ Insights: US economy created 256,000 jobs in December. Very good! Consensus predicted 160,000. The “Great American Job-Creation Machine” continues – now: wash, rinse, repeat for the next 24 months, as it 1/4
January 13, 2025 at 12:24 AM
has for the past 48 months! In December, health care added 46,000 jobs, leisure & hospitality 43,000, and government added 33,000. The above-expectations job gain will likely encourage the Federal Reserve to pause 2/4
January 13, 2025 at 12:24 AM
its rate-cutting: there’s little need, as long as the economy is creating +150,000 to 175,000 jobs per month. Meanwhile, the Fed can stay focused on getting inflation back to its 2.0% target. President Biden 3/4
January 13, 2025 at 12:24 AM
is also the first president in the modern era (1932-present) to register job growth in every month in which he was president. (48 mos.) Unfortunately, voters gave him very little credit that, but that is a subject for another time. 4/4
January 13, 2025 at 12:24 AM
US Domestic Policy & Foreign Policy:

President Carter, an example of virtue and public service for all, has passed away at age 100. Our condolences to the Carter family.

1 President Carter is worth 10 million Elon Musks.
December 30, 2024 at 5:13 PM

President Biden is not the first president to avoid a recession, maintain a growing economy - with job growth - and not see his party re-elected to the presidency, but according to my analysis he has unfairly paid the highest price.

#economy
#BidenHarris
#USA
December 24, 2024 at 8:19 PM
US Public Policy: The top 25 accomplishments of President Biden and the Biden Administration

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They’ll be listed first here, then later summarized in a thread:
December 24, 2024 at 2:59 PM
US Public Policy: The top 25 accomplishments of President Biden and the Biden Administration

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They’ll be listed first here, then later summarized in a thread:

1] Restored effectiveness, respect and positive, pro-active actions to the U.S. presidency,
December 24, 2024 at 2:57 PM
US Public Policy: The top 25 accomplishments of President Biden and the Biden Administration

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They’ll be listed first here, then later summarized in a thread:

2] Passed the $1.2 trillion bipartisan infrastructure package to increase investment in the national network
December 24, 2024 at 2:56 PM
US Public Policy: The top 25 accomplishments of President Biden and the Biden Administration

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They’ll be listed first here, then later summarized in a thread:

3] Helped get more than 500 million life-saving COVID-19 vaccinations in the arms of Americans through the American Rescue Plan.
December 24, 2024 at 2:55 PM
US Public Policy: The top 25 accomplishments of President Biden and the Biden Administration

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They’ll be listed first here, then later summarized in a thread:

3] Helped get more than 500 million life-saving COVID-19 vaccinations in the arms of Americans through the American Rescue Plan.
December 24, 2024 at 2:54 PM
US Public Policy: The top 25 accomplishments of President Biden and the Biden Administration

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They’ll be listed first here, then later summarized in a thread:

4] Stopped a 30-year streak of federal inaction on gun violence by signing the Bipartisan Safer Communities Act
December 24, 2024 at 2:53 PM