Sam Kuhn
samrkuhn.bsky.social
Sam Kuhn
@samrkuhn.bsky.social
Economist writing about the labor market on https://recruitonomics.com/ and #rstats fan
Reposted by Sam Kuhn
#BrooklineTownMeeting begins tomorrow night! I've written a guide to all the items on the agenda: bit.ly/fall2025brooklineTM

Always happy to see @brooklinenews.bsky.social's coverage, too -- though some of the information in the linked article is already out of date as TMMs file last-minute changes
November 17, 2025 at 5:23 PM
Reposted by Sam Kuhn
Consumer spending and after-tax incomes both fell in May, adjusted for inflation. #NumbersDay
Full data: www.bea.gov/news/2025/pe...
June 27, 2025 at 12:37 PM
Job finding rate is at its lowest point in nearly a decade

#econsky #jobsday
June 6, 2025 at 2:07 PM
Reposted by Sam Kuhn
🇨🇦 Canada's upcoming election coincides with a pivotal economic moment. @samrkuhn.bsky.social covers the state of the Canadian economy, and labor market in particular: recruitonomics.com/a-pivotal-mo...
April 25, 2025 at 2:19 AM
A larger share of Canadian households fear they may lose their job in the next 12 months than compared to the peak of the pandemic
April 18, 2025 at 2:02 PM
Calm before the tariff storm? Nonfarm payroll growth was surprisingly resilient in March as the labor market added 228,000 new jobs.

The main question now is following Liberation Day, what's the labor market's pain tolerance?

#jobsday #econsky
April 4, 2025 at 1:02 PM
🚨 JPMorgan recession risk odds now at 60%
April 3, 2025 at 11:13 PM
Reposted by Sam Kuhn
News today pushing GDP forecast further negative due to another -0.6 percentage point annualized rate revised forecast for personal consumption expenditures (PCE), -0.2 for equipment, & -0.1 for residential fixed investment.

The only upward revised forecast is in government spending.
April 1, 2025 at 4:58 PM
Gold adjusted GDP now still tracking negative
www.atlantafed.org/cqer/researc...
March 31, 2025 at 4:37 PM
We need to boil down abundance to four emojis: 🏠 🚋 💊🔋

www.economist.com/finance-and-...
March 22, 2025 at 1:07 AM
What's the best package for synthetic control estimation in python? #econsky
March 17, 2025 at 5:34 PM
Next years inflation expectations are back to Oct '22
March 14, 2025 at 2:11 PM
Two concerning data points emerging from consumer spending: Chicago Fed's Advance Retail Trade Summary is tracking a near percentage point decline in retail sales for Feb, following a weak Jan

www.chicagofed.org/research/dat...
March 12, 2025 at 6:35 PM
Cava in Cambridge must have got an early copy of Ezra Klein’s and @dkthomp.bsky.social new book
March 9, 2025 at 6:43 PM
Reposted by Sam Kuhn
Calm before the storm in the February #jobsreport:

-Payrolls up 151,000, a touch below expectations
-Unemp ticked up to 4.1%
-Wage growth grows 4% YoY

Report was a touch softer than expected but precedes any downstream impacts from the DOGE layoffs + tariffs

#NumbersDay 1/
March 7, 2025 at 1:33 PM
Big drop in Federal gov't employment #econsky
March 7, 2025 at 1:33 PM
Reposted by Sam Kuhn
I'm traveling today, but the data ended up coming out some time between 11:30 am-3:30 pm PT

bsky.app/profile/dani...
Initial UCFE claims for federal workers fell slightly last week to 1,580, though are still clearly elevated compared to two weeks prior before the large federal workforce cuts got underway.
March 7, 2025 at 12:13 AM
Big jump in UI claims for Federal workers this morning - highest total since '21
March 6, 2025 at 9:52 PM
Harmonized CPI (excluding owner-occupied housing) is now more than a percentage point higher than its low last August - no longer is housing to blame for inflation progress
February 18, 2025 at 1:54 PM
Anyone have any idea why the map data function in ggplot2 is missing Alaska/Hawaii? #rstats

ggplot2.tidyverse.org/reference/ma...
Create a data frame of map data — map_data
Easily turn data from the maps package into a data frame suitable for plotting with ggplot2.
ggplot2.tidyverse.org
February 10, 2025 at 3:54 PM
Reposted by Sam Kuhn
When you talk about instituting policies that raise prices, don't be surprised if it leads people to worry that price rises are coming. And the Fed's going to worry that these expectations become self-fulfilling.
February 7, 2025 at 5:41 PM
Reposted by Sam Kuhn
Just want us all to appreciate the beauty that we have assembled here at #EconSky and #NumbersDay on #JobsDay.

We are legion.
bsky.app/profile/elis...
First jobs #NumbersDay on the 2025 economy for #EconSky data watchers!!!

The U.S. labor market started the year by adding 143k jobs as the unemployment rate ticked down to 4.0%. As with much of the last year, there were significant gains in health care and social assistance employment in January.
February 7, 2025 at 2:46 PM
Reposted by Sam Kuhn
After the benchmark revisions, job gains in 2023 and 2024 were slower than originally reported:

2023: 3,013,000 orig reported -> 2,594,000 revised
2024: 2,232,000 -> 1,996,000

4/
February 7, 2025 at 1:56 PM
Big jobs day with lots of noise from benchmark revisions & population controls - but there's an underlying story here about how job growth has rebounded from the summer dip and has settled in at 2019 trend level #EconSky #JobsDay
February 7, 2025 at 1:59 PM
With the slowdown in hiring from JOLTS this morning, the net hiring rate is within spitting distance of its 2019 average - jobs day friday likely closes that gap
February 4, 2025 at 8:35 PM