Preston Mui
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prestonmui.bsky.social
Preston Mui
@prestonmui.bsky.social
Economist at Employ America | Kasia Niewiadoma Fanboy | Bird Liker

Seattle, WA
Reposted by Preston Mui
A busy first day as your Mayor-elect: early morning interviews, transition announcements and meetings. More to say on all of it tomorrow.

But a highlight was lunch with my Congresswoman @aoc.bsky.social at Laliguras Bistro in Jackson Heights.
November 6, 2025 at 12:47 AM
Reposted by Preston Mui
Ironically, I collaborated with several Gates-funded scientists some years ago in a study showing that climate change will potentially expose millions more in the highland regions of Africa to Malaria transmission.

Press release here: www.psu.edu/news/researc...
November 4, 2025 at 11:35 PM
New frontiers in fiscal stimulus
November 5, 2025 at 1:59 PM
The future of discourse
November 4, 2025 at 3:53 AM
Cook sees current policy as "moderately" restrictive; " I believe that the downside risks to employment are greater than the upside risks to inflation."
November 3, 2025 at 7:17 PM
Reposted by Preston Mui
October 30, 2025 at 2:46 AM
I was surprised to see powell call this stabilizing (or whatever term he used)
Someone will eventually correctly call the bottom in the labor market but I don’t see how you could do that with any confidence here.
October 29, 2025 at 7:25 PM
Powell saying there were 'strongly disagreeing views' about a December cut
October 29, 2025 at 6:36 PM
uhhh why is bea.gov down
October 29, 2025 at 5:56 PM
Simon is correct here! The stats background is only required if you want to type "correl var1 var2"
October 28, 2025 at 12:32 AM

The top comments on the Mamdani message to Muslim video are all "I'm not a Muslim, I'm Jewish / Indian / Japanese / Latino and this message really speaks to me"

www.youtube.com/watch?v=uGBQ...
My Message to Muslim New Yorkers — and Everyone Who Calls This City Home.
YouTube video by Zohran Mamdani for NYC
www.youtube.com
October 26, 2025 at 1:54 AM
Reposted by Preston Mui
Wolves found only north of the Saint Lawrence River in Canada reduce animal-related vehicle collisions by 5 percentage points—providing an empirical quantification of quasi-option value, from Eyal G. Frank, Anouch Missirian, Dominic P. Parker, and @jenraynor.bsky.social www.nber.org/papers/w34377
October 21, 2025 at 5:02 PM
Looking forward to the next adp number
One of the reasons the "paid protestors" canard is absurd is it completely misunderstands scale. There were 5.5-8.7 mm people protesting yesterday. For comparison the company with the largest payroll in the world (Walmart) has 2.1 mm employees, less than half the low-side estimate for No Kings.
It’s going to take ages to pay all these people
October 19, 2025 at 11:36 PM
Biege book is out

"labor cost pressures intensified in recent weeks due to outsized increases in employer-sponsored health insurance expenses."

"Tariff-induced input cost increases were reported across many Districts, but the extent of those higher costs passing through to final prices varied. "
October 15, 2025 at 6:46 PM
Reposted by Preston Mui
September CPI will be released in two weeks on Friday, Oct 24, 2025 at 8:30 AM ET to accommodate the SSA COLA adjustments despite the government shutdown.

Jobs report won't be released though

www.bls.gov/bls/092025-c...
October 10, 2025 at 3:49 PM
The Indeed Wage Tracker growth rate has fallen a full percentage point year-to-date. Hard to see signs of re-acceleration here.
October 1, 2025 at 8:43 PM
Reposted by Preston Mui
NEW: The Supreme Court *refuses* to let Trump fire the Fed's Lisa Cook—for now. Instead, the court agrees to hear the case in January. Cook may continue to serve in the meantime.
October 1, 2025 at 2:48 PM
Reposted by Preston Mui
Spoke with Boston Fed chief Collins after her NYC speech and she cautioned against aggressive rate cuts: Cutting rates “too quickly and certainly announcing, oh yeah, we're just going to…keep going until we get to neutral, that seems to me to be a scenario where the risks to inflation go up."
Exclusive: Fed's Collins cautions against aggressive rate cuts given inflation issues
Federal Reserve Bank of Boston President Susan Collins said on Tuesday that her outlook for monetary policy is consistent with the gradual path of easing shown in the latest central bank forecasts, in comments that framed aggressive rate cuts as risky.
www.reuters.com
September 30, 2025 at 7:04 PM
Reposted by Preston Mui
The Department of Labor has released its plan in the event of a government shutdown.
Key takeaway for econ data: There will NOT be a jobs report on Friday (or any subsequent data releases) if funding isn't restored in time. #NumbersDay #EconSky
www.dol.gov/sites/dolgov...
www.dol.gov
September 29, 2025 at 2:33 PM
Just wrapped up 500ish miles of the Oregon backcountry
September 27, 2025 at 11:21 PM
New frontiers in fiscal stimulus
BLOOMBERG: Labor Dept. officials “who took the Department of Government Efficiency’s ‘Fork in the Road’ offer earlier this year have returned as full-time workers, after collecting their full pay and benefits for months without performing their job duties.”

news.bloomberglaw.com/daily-labor-...
September 18, 2025 at 7:19 PM
off season is here... we're so back
September 10, 2025 at 2:18 AM
@skandaamarnath.bsky.social and I have a piece out about Stephen Miran, who is being considered for the Fed Board, and some of his concerning views around debt default, dollar policy, and fed independence.

Some was covered at the hearing, but there's more...

www.employamerica.org/monetary-pol...
Treasury Default, A Weak Dollar Policy, and Mass Fed Firings? What The Miran Hearing Missed
The confirmation hearing for Miran aired some key issues, but hardly all of them, and not the most important ones. It would be unwise to make an exception for seemingly “short-term” appointments; shor...
www.employamerica.org
September 9, 2025 at 5:29 PM
o7 to the real deep state
🔥BLS Staff: "We will publish reliable data, no matter how inconvenient the results... Acting Commissioner is a respected career professional. There are no other political appointees at BLS... will remain accurate & nonpartisan... if that ever changes, the professionals will tell you." #StandWithBLS
September 9, 2025 at 2:21 AM