Discover and read the best of Twitter Threads about #employment

Most recents (24)

Anyone perusing the top articles of major media outlets last weekend would have read several pieces on the extraordinary #shortages being witnessed in the U.S. #economy today, and particularly those in the #labor market.
The tone of many articles was pessimistic, suggesting that the #supply-side #shortages and dislocations may be systemic, or long-term, but we think there’s evidence that the U.S. #economy will display considerably greater dynamism and resilience than the pessimists believe.
First, it’s vital to recognize that this is a #supply constraint problem, not one of #demand. Indeed, strong demand is being driven by a host of powerful influences: 1) household balance sheets never been cleaner and HH #wealth is $25 trillion greater now than pre-Covid level.
Read 12 tweets
In July of 2021, the @CDCgov announced a decrease in US life expectancy of 1.5 years, the biggest one-year decline since #WWII. Even before COVID-19, however, the US has seen several years of declining life expectancy in the past decade. #ph260720 #COVID
cdc.gov/nchs/pressroom…
Meanwhile, we see a widening gap in medical care between those with high and low status, leading to much larger declines in life expectancy for black and brown populations during #COVID19. How do you think these gaps came to be? #ph260720 #Healthcare
#hospitals continue to #Innovate and improve their medical care, following charters to improve health and care for the needy. However, they often fail to address the non-medical needs of their community, the “social determinants of health” #ph260720 #CommunityHealth
Read 13 tweets
September witnessed a somewhat disappointing nonfarm #payroll gain of 194,000 jobs, which was weaker than the upwardly revised August gain of 365,000 and was well below #economists’ consensus estimates of nearly 490,000 jobs.
Clearly, there are significant #labor supply issues limiting the pace of recovery. Further, the #unemployment rate declined meaningfully, from 5.2% to 4.8% in Sept, and average hourly #earnings saw gains of 0.62% m-o-m, which brings the measure to 4.58% greater on a y-o-y basis.
The most interesting part of today’s #JobsReport, and much of the other recent #economic/corporate data, is that it’s the supply of resources that’s creating systemic pricing pressure, as well as consequently dulling growth of an #economy not lacking demand in virtually any area.
Read 11 tweets
#idweek2021 @IDSAInfo Implications of #COVID19 in African-American & Latinx communities by Dr Hewlett Jr #idtwitter #medEd
#idweek2021 @IDSAInfo #disparities
Implications of #COVID19 in #BLM African-American & #Latinx communities by Dr Hewlett Jr #idtwitter #medEd #pregnancy #obgyntwitter
#idweek2021 @IDSAInfo #disparities Implications of #COVID19 in #BLM African-American & #Latinx communities by Dr Hewlett Jr #idtwitter #medEd #diabetes #obesity #race #FrontlineWorkers vascular disease
Read 6 tweets
As expected, the @federalreserve’s Federal Open Market Committee continued to discuss its plans to reduce, or #taper, the pace of its #AssetPurchase program at yesterday’s meeting.
While the details of this discussion were fairly sparse, the Committee statement did state that: “If progress continues broadly as expected, the Committee judges that a moderation in the pace of asset purchases may soon be warranted.”
Further, at the recent #Fed conference in Jackson Hole, Wyo., and at the press conference, Fed #ChairPowell emphasized that both he and most Committee participants now consider the test of “substantial further progress” toward the #inflation mandate to be largely satisfied.
Read 10 tweets
It was 73 degrees and sunny in #JacksonHole, Wyoming, today; a perfect day for all those who were there….
Yet, there were no #monetary policy officials present at the traditional location of the @KansasCityFed’s late-summer #economic policy symposium, since they were conducting a “virtual symposium.”
That symposium provided #ChairPowell the opportunity to lay out a reasonably sunny perspective on the U.S. #economy, but also one that was not out of the woods yet, in terms of Covid variant risk and a maximum #employment target still to be achieved.
Read 10 tweets
[Thread]
South Africa’s #unemployment rate increased by 1,8 percentage points to 34,4% in Q2:2021 compared to Q1:2021.

#StatsSA
#COVID19 Impact on data collection for the Quarterly Labour Force Survey (QLFS).

Read more here: statssa.gov.za/?p=14606

#StatsSA #unemployment #employment
There were about 54 000 less people employed in Q2:2021 than Q1:2021.

Read more here: statssa.gov.za/?p=14606

#StatsSA #unemployment
Read 20 tweets
Ageism - a thread 1/14

Did Generation X, who birthed the web & associated technologies, sow the seeds of their own demise?

#Ageism #Inclusion
2/14

US to UK, India to Italy, the findings were broadly the same: 45-60 year olds are the most overlooked employee bracket shows @YouEmployed report

“Once you reach a certain age, it just becomes much harder to access a job opportunity” @Mona_Mourshed

cnbc.com/2021/07/26/gen…
3/14

Ageism is the last acceptable prejudice argues @thischairrocks in this 12 minute TED talk



#employment
Read 14 tweets
Daily Bookmarks to GAVNet 07/29/2021 greeneracresvaluenetwork.wordpress.com/2021/07/29/dai…
What It Looks Like to Reconnect Black Communities Torn Apart by Highways

bloomberg.com/graphics/2021-…

#history #TransportationPolicies #consequences #BlackNeighborhoods #mapping
The ‘Weirdest’ Matter, Made of Partial Particles, Defies Description

quantamagazine.org/fractons-the-w…

#StateOfMatter #HypotheticalParticles #fractons
Read 8 tweets
US #Employment Disconnect?

⬆️ Stronger NFP 850k vs 720k exp; 583k prev
v/s
⬇️ Higher Unemployment 5.9% vs 5.6% exp; 5.8% prev

To add to @jasonfurman:
Chart: Household Survey (Employment) historically more volatile than Establishment Survey (NFP)


1/5 Image
U3 v/s U6:
Well noted by @AndreasSteno; while normal Unemployment Rate U3 rose (5.8%=>5.9%), U6 fell (10.2%=>9.8%)

U3 = Total Unemployed / Civilian Labour Force
U6 = (Total Unemployed + marginally attached + employed part time for eco reasons) / CLF

2/5
ImageImage
#U3
5.9% vs 3.5% (Feb'20) vs 14.8% (Apr'20 peak)

#U6
9.8% vs 7.0% (Feb'20) vs 22.9% (Apr'20 peak)

Both are still some distance away from pre-pandemic level but U6 has shown more consistent improvement than Official U3

3/5 Image
Read 6 tweets
At yesterday’s #FOMC meeting, the Committee revealed more expected tightening and further steps toward #tapering #asset purchases than they had previously. We see these as steps in the right direction.
Yesterday’s @federalreserve statement and press conference suggest that the Committee believes progress has been made toward its goals, but that there’s still some room to go to hit the recently re-defined objective of maximum #employment.
Still, it’s now time to set up for the end of this long-running #EmergencyPolicy-focused movie.
Read 10 tweets
[Thread]
South Africa’s #unemployment rate increased by 0,1 of a percentage point to 32,6% in Q1:2021 compared to Q4:2020.

Read more here: bit.ly/3c88aCg

#StatsSA
#COVID19SA had an impact on data collection of the Quarterly Labour Force Survey (QLFS).

Read more here: bit.ly/3c88aCg

#StatsSA #unemployment #employment
There were about 28 000 fewer people employed in Q1:2021 than Q4:2020.

Read more here: bit.ly/3c88aCg

#StatsSA #unemployment #employment
Read 19 tweets
Generally speaking #infrastructure is defined as the basic #physical systems of any #business, #region, or that of any #nation... including #transportation systems, #communication #networks, #sewage, #water supply & #electrical #grid systems. #BuildBackBetter #logistics #stimulus
Various types of #infrastructure #construction based projects typically drive the bulk of conversations amongst those of us vested in the arduous process of "progress" moving forward.
#Highway improvement, #street & #road maintenance & #bridge building commonly take center stage.
Mass #transit, #airport & #airways, #municipal #WaterSupply, #waste management along with waste #Water #management,
#power generation & #transmission, #HazardousWaste removal & #storage ALL must be considered while addressing basic underlying societal frameworks. #sustainability
Read 7 tweets
UK economy booms: UK #PMI hits record high (over 2 decades) in May according to preliminary data as economy opens up from covid restrictions. More at bit.ly/3f8y1Mc
May also saw a near-record rate of job creation in the UK, with PMI #employment index surging higher...
However, prices are also increasing at an unprecedented rate in May, hinting strongly that consumer price inflation (#CPI) has much further to rise after lifting to 1.5% in April.
Read 3 tweets
#MacroView
#NFIB data says we are only in a #recovery, not an #economic expansion.
While the NFIB data doesn't get much #media attention, it should as it tells you much about what is really happening in the #economy.
realinvestmentadvice.com/macroview-nfib…
Reason I pay attention to #NFIB
Sept 2019 - Data rings alarm bells on #recession.
April 2020 - Data says recession arrived.
May 2020 - Data says #economic recovery not as strong as media suggests.
realinvestmentadvice.com/macroview-nfib… Image
If businesses were expecting a massive surge in “#pentup#demand, they would prepare for it. Such includes #planning to increase #capex to meet expected demand. Unfortunately, those expectations peaked in 2018 and are dropping back to the March 2020 lows.
realinvestmentadvice.com/macroview-nfib… Image
Read 7 tweets
@IndiatechO is releasing a two series White-paper on #Crypto, the first paper talks about the opportunities offered by #Crypto and #blockchain to the world. With rapidly growing potential, #India needs to regulate the sector. Link to the #IndiaTechDecoder: indiatech.org/wp-content/upl…
India has a great opportunity to capitalise on the huge potential that the industry holds. The second paper offers solutions and suggestions that @IndiatechO has proposed as a 5-point framework on how the Indian #government can best regulate #Crypto while encouraging innovation.
According to the #IndiaTechDecoder opportunities from #Crypto adoption is far more than simply attracting #FDI, with benefits including enhancing the country’s technological skillset, thereby broadening #employment opportunities.
Read 5 tweets
Just in | Information and Broadcasting Minister Prakash Javadekar says Cabinet approved production linked incentive schemes for high efficiency solar panels and white goods.
- @DaminiNath reports.
@DaminiNath Commerce and Industry Minister #PiyushGoyal says #PLI scheme for white goods, that is LEDs and air-conditioners, and high efficiency solar panels approved today. Four other PLI schemes are in an advanced stage.
Going forward, we will become self reliant in solar equipment manufacturing and it will lead to #employment. 30,000 will get direct employment and 1 lakh indirect employment: Goyal
Read 4 tweets
"Capital is back because low growth is back" @PikettyLeMonde said, stating that decreasing growth leads to increasing #inequality. If that would be true, we have a social-ecological dilemma #degrowth. I wrote my BA about it and got the #GSÖBW price for it yesterday. Thread. 1/14
Yesterday was #GlobalClimateStrike. Many studies show: The #ClimateCrisis can only be solved if economic growth rates in the North decrease rapidly. @timparrique, @g_kallis, @jasonhickel. If decreasing growth necessarily leads to increasing inequality, we have a problem. 2/14
True,since the 1980s economic growth has decreased in Germany, while income and wealth inequality have increased @CharlyBartels @MiriamRehm. But is it a correlation or causality? I argue, political decisions led to increasing inequality, not declining growth. Four arguments: 3/14
Read 14 tweets
1/12
In light of the recent events involving the owners of #Cannoli and their manager,
we at the Centre for Labour Research (CLR), in the interest of protecting the
fundamental human #right to #dignity, condemn any and all forms of #harassment.
2/12
The viral video in which the owners of Cannoli are seen singling out and
humiliating their manager due to his inability to speak the colonisers language for
their entertainment depicts a form of #workplaceharassment. Such behaviour is
unacceptable.
3/12
It is the responsibility of the employer to ensure that each and every employee,
regardless of their #employment status, the sector of employment, or their
occupation feel safe, respected and included at the workplace.
Read 12 tweets

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