@srmandrew.bsky.social
Reposted
Weekly jobs 🧵
We are starting to get a decent picture of how the jobs year started. We are tracking around 30,000 below last year's job numbers (pretty close to 2023 levels). That's despite an increase of around 35,000 in the working-age population. [1/n]
We are starting to get a decent picture of how the jobs year started. We are tracking around 30,000 below last year's job numbers (pretty close to 2023 levels). That's despite an increase of around 35,000 in the working-age population. [1/n]
February 27, 2025 at 2:17 AM
Weekly jobs 🧵
We are starting to get a decent picture of how the jobs year started. We are tracking around 30,000 below last year's job numbers (pretty close to 2023 levels). That's despite an increase of around 35,000 in the working-age population. [1/n]
We are starting to get a decent picture of how the jobs year started. We are tracking around 30,000 below last year's job numbers (pretty close to 2023 levels). That's despite an increase of around 35,000 in the working-age population. [1/n]
Reposted
Monthly jobs 🧵
Here's total earnings adjusted for population and inflation. We got used to things getting better until something hit in 2020.
Now look really closely at 2021/22. See how we had it too good? Thankfully RBNZ and Govt took action to squish earnings (shame they forgot to stop) [1/n]
Here's total earnings adjusted for population and inflation. We got used to things getting better until something hit in 2020.
Now look really closely at 2021/22. See how we had it too good? Thankfully RBNZ and Govt took action to squish earnings (shame they forgot to stop) [1/n]
January 28, 2025 at 6:41 AM
Monthly jobs 🧵
Here's total earnings adjusted for population and inflation. We got used to things getting better until something hit in 2020.
Now look really closely at 2021/22. See how we had it too good? Thankfully RBNZ and Govt took action to squish earnings (shame they forgot to stop) [1/n]
Here's total earnings adjusted for population and inflation. We got used to things getting better until something hit in 2020.
Now look really closely at 2021/22. See how we had it too good? Thankfully RBNZ and Govt took action to squish earnings (shame they forgot to stop) [1/n]
Reposted
My latest essay -- please enjoy.
"As the climate catastrophe accelerates and truth becomes muddied by politicians, institutions, religious leaders and corporations, the physical world is quickly becoming the last refuge of facts."
climatecasino.net/2025/01/25-b...
"As the climate catastrophe accelerates and truth becomes muddied by politicians, institutions, religious leaders and corporations, the physical world is quickly becoming the last refuge of facts."
climatecasino.net/2025/01/25-b...
25 Billion Hiroshimas??? Wrong, Wrong, Very Wrong!
I've been seeing "25 billion Hiroshima bombs worth of heating" in the media for well over a year now. This number is supposed to represent a way to help the average person visualize the total amount o...
climatecasino.net
January 13, 2025 at 8:02 PM
My latest essay -- please enjoy.
"As the climate catastrophe accelerates and truth becomes muddied by politicians, institutions, religious leaders and corporations, the physical world is quickly becoming the last refuge of facts."
climatecasino.net/2025/01/25-b...
"As the climate catastrophe accelerates and truth becomes muddied by politicians, institutions, religious leaders and corporations, the physical world is quickly becoming the last refuge of facts."
climatecasino.net/2025/01/25-b...
Reposted
Made the mistake of reading a Treasury briefing discussing stagnant labour productivity. It's classic ill-informed reckonomics.
Do they even know what they're measuring at all🎵?
Let's get stuck in... [long 🧵 1/n]
Do they even know what they're measuring at all🎵?
Let's get stuck in... [long 🧵 1/n]
January 4, 2025 at 12:13 AM
Made the mistake of reading a Treasury briefing discussing stagnant labour productivity. It's classic ill-informed reckonomics.
Do they even know what they're measuring at all🎵?
Let's get stuck in... [long 🧵 1/n]
Do they even know what they're measuring at all🎵?
Let's get stuck in... [long 🧵 1/n]
Reposted
Central Govt share of consumption hovering at 2014/15 levels.
We are wasting 22% of the country's resources on our common needs #NZPol. Too many nurses on wards, teachers falling over each other in schools, care workers taking time to talk to old folk, empty super-ferries in the strait 😡 [🧵1/n]
We are wasting 22% of the country's resources on our common needs #NZPol. Too many nurses on wards, teachers falling over each other in schools, care workers taking time to talk to old folk, empty super-ferries in the strait 😡 [🧵1/n]
December 19, 2024 at 8:09 AM
Central Govt share of consumption hovering at 2014/15 levels.
We are wasting 22% of the country's resources on our common needs #NZPol. Too many nurses on wards, teachers falling over each other in schools, care workers taking time to talk to old folk, empty super-ferries in the strait 😡 [🧵1/n]
We are wasting 22% of the country's resources on our common needs #NZPol. Too many nurses on wards, teachers falling over each other in schools, care workers taking time to talk to old folk, empty super-ferries in the strait 😡 [🧵1/n]
Reposted
Monetary policy in action... interest payments to banks last year hit 10% of GDP (that's 25% of total NZ wages).
Remember, we tackle inflation by adding costs to business and moving money quickly from workers to older savers and bank equity holders (mostly Aussie banks). This is the way #NZPol.
Remember, we tackle inflation by adding costs to business and moving money quickly from workers to older savers and bank equity holders (mostly Aussie banks). This is the way #NZPol.
November 26, 2024 at 2:30 AM
Monetary policy in action... interest payments to banks last year hit 10% of GDP (that's 25% of total NZ wages).
Remember, we tackle inflation by adding costs to business and moving money quickly from workers to older savers and bank equity holders (mostly Aussie banks). This is the way #NZPol.
Remember, we tackle inflation by adding costs to business and moving money quickly from workers to older savers and bank equity holders (mostly Aussie banks). This is the way #NZPol.