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Groundwork Collaborative Profile picture
Groundwork Collaborative
@Groundwork
Building an economy that works for all of us. #WeAreTheEconomy Find us on Bluesky @ groundwork and Threads @ thegroundworkcollaborative.
Feb 2 • 6 tweets • 3 min read
Even as inflation has cooled, grocery prices have increased 25% since the pandemic. @BharatRamamurti, @ENPancotti, & @ClaraEWilson investigate the causes of grocery inflation in our newest report.

Quick thread on their findings (1/6)
groundworkcollaborative.org/wp-content/upl…
What's driving the rise in grocery prices - and what the government can do about it. They find that five categories drove nearly 30% of grocery inflation: beef and veal; poultry; non-frozen non-carbonated juices and drinks; fresh fruits and vegetables; and snacks. (2/6) Five categories drove nearly 30% of grocery inflation. This slide features a pie graph showing that beef/veal, poultry, fresh fruits & vegetables, non-carbonated juices & drinks, and snacks drove nearly 30% of grocery inflation.
Jan 18 • 6 tweets • 2 min read
NEW: Corporate profits drove 53% of inflation during the 2nd and 3rd quarters of 2023. Corporations line their pockets while consumers pay the price.

Why? Because they can.

Quick thread on our new report. 1/6 groundworkcollaborative.org/news/new-groun… In the wake of the pandemic, corporations across industries faced rising costs to make products & stock shelves.

Businesses jumped on the opportunity to pass these costs on to consumers — and added a little extra to pad their profits. 2/6
Dec 6, 2022 • 6 tweets • 2 min read
🚨NEW PAPER ALERT🚨

@IsabellaMWeber, @luizanassif, @larajauregui17 & Lucas Teixeira show that tamping down prices in "systemically significant" industries would bring down overall inflation and lay out new ideas for bringing down prices. 1/

Systemically significant industries like oil or farming produce inputs that other industries use in production. So, price increases in these sectors translate to *cost* increases for other sectors creating inflation ripple effects throughout the economy. 2/
Jun 4, 2020 • 5 tweets • 2 min read
Today’s release finds that another 2.2M people filed for unemployment insurance (UI) last week. This includes 1.6M people who filed for regular state unemployment assistance AND 600K people who filed for Pandemic Unemployment Assistance (PUA - more on this below). 👇🏾 1/ Based on this calculation, it is likely that 𝗼𝗻𝗲 𝗶𝗻 𝗳𝗶𝘃𝗲 workers is unemployed. 2/
Apr 3, 2020 • 14 tweets • 4 min read
This months #jobsday release is already outdated and does NOT reflect the true economic situation facing most people. This is, in part, because the reference period for this month’s release is for the week of March 12th, before things really started to deteriorate. Below we discuss important indicators that will give us insight into how the economic downturn is affecting working people and families in the coming releases.
Nov 5, 2019 • 6 tweets • 3 min read
🚨THREAD🚨 Today, we released a paper with Christopher Wimer & Sophie Collyer at @CpspPoverty, and Xavier Jaravel at @LSEnews.

Key takeaway: 3 million more ppl would have been considered in #poverty in 2018 if we account for inflation inequality. 1/ bit.ly/2ChAvUk In a supposed strong economy, how did we get here? Skyrocketing inequality in recent decades—driven almost exclusively by soaring incomes for the wealthiest Americans—has undermined the strength of our economy and our democracy. 2/