This isn't going to be any solace for NYC parents who just got the news that schools will be reopening even later than promised, but being stuck at home this year seems to have saved kids' lives. A new column, and a mortality-statistics filled thread 1/n bloomberg.com/opinion/articl…
Here are deaths by age group for the U.S. for Feb. 2-Aug. 1 and the more or less equivalent period in 2018 2/n
And since anybody familiar with CDC mortality reporting will reply, "But those July 2020 numbers aren't complete yet!" here's what the chart looks like if you stop counting on May 30. Kids 5-14 actually had a mortality decline during spring that mostly disappeared over the summer
This phenomenon is most definitely *not* unique to the U.S. It looks like most affluent countries have had fewer child deaths than normal so far this year. 4/n
HT to @lymanstoneky, who was the first person I saw pointing this out, in July
Although it looks like @InseeFr, the French national statistics agency, beat him to it by a couple of weeks. Their said it was “probably due to containment measures that can act on other causes of death, particularly accidental” 6/n insee.fr/fr/statistique…
To be sure, mortality is always really low among kids (not infants), and the declines this year certainly don't justify shutting down schools all the time ... 7/n
... but @lymanstoneky suggests that longer winter school breaks (because that's when infectious disease-risk is highest) and shorter summer ones would save a bunch of kids' lives 8/n
Infant mortality, on the other hand, is really high, and it's higher in the U.S. than in any other affluent country. So the fact that deaths among those less than a year old have fallen by 12.3% in the U.S. is pretty significant 9/n
And hey, look what has happened in a place that already had reasonably generous maternal leave and a high standard of universal prenatal care! The infant death decline in England and Wales has been much smaller than in the U.S. 11/n
A couple of final thoughts: Developing countries probably won't get this child-mortality bonus, and even in rich ones it's a short-term thing that may eventually be swamped by the negative after-effects of missed school, economic dislocation, etc. ... 12/n
But if we're going to undertake a mass worldwide experiment like this we might as well try to learn from it! 13/13 bloomberg.com/opinion/articl…
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Every under-60 age group *except* early 20s and late 30s now has higher labor-force participation and employment rates than in summer 2019 (short🧵on today's column) bloomberg.com/opinion/articl…
Here it is for employment-population ratio. I did a summer-to-summer comparison because (1) most age-group labor stats aren't available seasonally adjusted and (2) they can jump around a lot from month to month
That 20-24 decline is really big! Surely has something to do with interrupted and delayed education, but I hope it goes away soon. The 35-39 drop seems like it should be due to child-care issues, although it's men in that age group who are driving it bloomberg.com/opinion/articl…
A few months ago, @alexschief pointed out that Minneapolis (population 425,336) was building more housing this year than San Jose, San Francisco, and Oakland combined (population 2.2 million). That's still true, and it's not the only one
These are all cities with less than 1 million people that are mostly building new apartments, not single-family houses. It's not an exhaustive list (Tampa, Miami, Arlington, TX, and others also meet the criteria)
Here are the top 10 jurisdictions for housing permits so far this year (permits are reported separately for each NYC borough but I combined them so sue me)
... which maybe helps explain why belief that climate change is happening fell in the U.S. in the early 2010s and has risen since bloomberg.com/opinion/articl…
Last week's GDP release included revisions back to 1999, so it's time for a new set of presidential growth comparisons! Starting with the basic version: annualized growth in real GDP from 1st quarter in office to last bloomberg.com/opinion/articl…
Official quarterly GDP numbers start in 1947, but using annual numbers growth was -7.4% under Hoover, +9.1% FDR and +1.8% Truman. So yes, by this metric Trump has the worst growth record since Hoover bloomberg.com/opinion/articl…
Still, there are other legit ways to measure growth. One would be to shift the GDP measurement forward or back by a quarter. Do the former and Trump pulls ahead of George W. Bush bloomberg.com/opinion/articl…