Women are getting the worst of this recession
But it turns out there’s a huge marriage story we’ve been missing

Married women lost almost 1 million jobs last month.
(single men gained 1.2 million)

fred.stlouisfed.org/graph/?g=wrfK

1/
In fact, ALL of women's job gains since June have been from single women

fred.stlouisfed.org/graph/?g=wrfK

2/
Since June we’ve regained ~4.6 million jobs (averaging 2 @BLS_gov measures) fred.stlouisfed.org/graph/?g=wsRQ

>100% of jobs gains have gone to single people, men & women

fred.stlouisfed.org/graph/?g=wrvU

3/
This REALLY looks like a back to school story, esp for women.

Job losses in September wiped out all the July and August job gains for married people, while non-married people, particularly men, have opened a huge gap.

fred.stlouisfed.org/graph/?g=wrvU

4/
The gender gap is alive and well.

This summer has been a single man’s recovery

Single women, who are much more likely to be parents, have regained some of the initial job loss.

Not as strongly as single men tho

But these marriage gaps… 😯

fred.stlouisfed.org/graph/?g=wrvU

5/
Caveats:
1)Doing marriage b/c no mothers & fathers yet (it’s coming), so child care story != perfect match
2)So much in September, hoping it’s driven by seasonal adjustment (which is v hard rn)
3)These are household survey data, so don’t line up w/ payrolls #s

[fin]

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More from @mikemadowitz

17 Sep
It was only a matter of time til my doom chart passions merged:

State & local government budgets are burning

Women's labor market outcomes are brutal

These are not independent!

[threadlet]
State & local Govs dominate public employment
They dominate public job cuts this recession.
They employ women disproportionately:

Last year women held > 13 million of 22.6 million government jobs

~ 1/3 of gov't jobs are in local education

fred.stlouisfed.org/release/tables…
Here's a key stat from yesterday's thread on state & local job cuts--939,000 of them so far. This is bad and poised to get worse in September.

Read 9 tweets
23 Jul 19
It's often overlooked, but the biggest economic improvement since Trump took office is more government spending.

1/3
This is even more true once you account for state & local fiscal policy.

You can look at measures of overall spending, like the Hutchins' fiscal impact measure, or...

2/3
brookings.edu/interactives/h…
Alternatively, you can look at (total) government employment, which was lower when Obama left office than when he took over, but has increased since Trump took office. Again, state & local gov plays a large role here.

fred.stlouisfed.org/graph/?g=osCE
Read 5 tweets

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