Daniel Zhao
@danielzhao.bsky.social
Glassdoor Chief Economist
glassdoor.com/research
I post charts about the job market and workplace trends
Formerly known as @DanielBZhao on Twitter
Maryland born & raised, now in NYC
glassdoor.com/research
I post charts about the job market and workplace trends
Formerly known as @DanielBZhao on Twitter
Maryland born & raised, now in NYC
Paid my rent today and got a sports gambling ad afterwards 🤔
November 25, 2025 at 3:52 PM
Paid my rent today and got a sports gambling ad afterwards 🤔
Reposted by Daniel Zhao
BofA: We think tighter immigration policies will reduce the breakeven pace of employment growth to about 20k
November 24, 2025 at 10:21 AM
BofA: We think tighter immigration policies will reduce the breakeven pace of employment growth to about 20k
Reposted by Daniel Zhao
Latest ICE deportation data through mid-November suggest Trump and Miller are at half their desired pace of deportations (one million annually)
November 21, 2025 at 6:51 PM
Latest ICE deportation data through mid-November suggest Trump and Miller are at half their desired pace of deportations (one million annually)
Reposted by Daniel Zhao
BREAKING: BLS says it will not publish an October CPI. November CPI will be delayed to Dec. 18, meaning too late for the FOMC meeting the previous week. #NumbersDay #EconSky
www.bls.gov/bls/2025-lap...
www.bls.gov/bls/2025-lap...
Revised news release dates following the 2025 lapse in appropriations
Revised news release dates following the 2025 lapse in appropriations
www.bls.gov
November 21, 2025 at 4:33 PM
BREAKING: BLS says it will not publish an October CPI. November CPI will be delayed to Dec. 18, meaning too late for the FOMC meeting the previous week. #NumbersDay #EconSky
www.bls.gov/bls/2025-lap...
www.bls.gov/bls/2025-lap...
Reposted by Daniel Zhao
Hey, #EconSky!
The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...
The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...
November 21, 2025 at 2:51 PM
Hey, #EconSky!
The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...
The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...
Reposted by Daniel Zhao
So great to see BLS back to work measuring and informing us about our large and dynamic economy.
It’s a great institution full of dedicated civil servants deeply committed their mission. They have had a tough year, and everyone is covering for someone who left. I thank them all for their service.
It’s a great institution full of dedicated civil servants deeply committed their mission. They have had a tough year, and everyone is covering for someone who left. I thank them all for their service.
November 20, 2025 at 4:48 PM
So great to see BLS back to work measuring and informing us about our large and dynamic economy.
It’s a great institution full of dedicated civil servants deeply committed their mission. They have had a tough year, and everyone is covering for someone who left. I thank them all for their service.
It’s a great institution full of dedicated civil servants deeply committed their mission. They have had a tough year, and everyone is covering for someone who left. I thank them all for their service.
Reposted by Daniel Zhao
The delay in the data did have one benefit: more survey responses! The collection rate for the establishment survey topped 80% in September, far above the recent average for the first release. Though still below the ~90% that is typical for the second release.
#NumbersDay
#NumbersDay
November 20, 2025 at 2:40 PM
The delay in the data did have one benefit: more survey responses! The collection rate for the establishment survey topped 80% in September, far above the recent average for the first release. Though still below the ~90% that is typical for the second release.
#NumbersDay
#NumbersDay
Mixed Sep #jobsreport today, as jobs data starts flowing again post-shutdown
-Payrolls grew by 119k in Sep, above expected
-Aug was revised down from +22k to -4k, a 2nd negative month following June's -13k job loss
-Unemp rises to 4.4%, highest since Oct 2021
#NumbersDay 1/
-Payrolls grew by 119k in Sep, above expected
-Aug was revised down from +22k to -4k, a 2nd negative month following June's -13k job loss
-Unemp rises to 4.4%, highest since Oct 2021
#NumbersDay 1/
November 20, 2025 at 1:36 PM
Mixed Sep #jobsreport today, as jobs data starts flowing again post-shutdown
-Payrolls grew by 119k in Sep, above expected
-Aug was revised down from +22k to -4k, a 2nd negative month following June's -13k job loss
-Unemp rises to 4.4%, highest since Oct 2021
#NumbersDay 1/
-Payrolls grew by 119k in Sep, above expected
-Aug was revised down from +22k to -4k, a 2nd negative month following June's -13k job loss
-Unemp rises to 4.4%, highest since Oct 2021
#NumbersDay 1/
Reposted by Daniel Zhao
Reposted by Daniel Zhao
*US NOV. JOBS REPORT RESCHEDULED FOR DEC. 16
November 19, 2025 at 5:21 PM
*US NOV. JOBS REPORT RESCHEDULED FOR DEC. 16
Reposted by Daniel Zhao
BLS: October JOLTS report has been rescheduled for December 9th.
November 19, 2025 at 5:22 PM
BLS: October JOLTS report has been rescheduled for December 9th.
There's been this idea of a "low-hire, low-fire" job market floating around and I think it's mostly fair but with some nuance:
1) Economy-wide, "low-hire" is true. In Aug, the hires rate was 3.2%, just barely above the Covid low of 3.1% and consistent with levels last seen pre-pandemic in Mar 2013.
1) Economy-wide, "low-hire" is true. In Aug, the hires rate was 3.2%, just barely above the Covid low of 3.1% and consistent with levels last seen pre-pandemic in Mar 2013.
November 19, 2025 at 4:31 PM
There's been this idea of a "low-hire, low-fire" job market floating around and I think it's mostly fair but with some nuance:
1) Economy-wide, "low-hire" is true. In Aug, the hires rate was 3.2%, just barely above the Covid low of 3.1% and consistent with levels last seen pre-pandemic in Mar 2013.
1) Economy-wide, "low-hire" is true. In Aug, the hires rate was 3.2%, just barely above the Covid low of 3.1% and consistent with levels last seen pre-pandemic in Mar 2013.
Reposted by Daniel Zhao
Wealthy Calif. town moves to permanently ban pickleball
"This is not a good location for pickleball."
www.sfgate.com
November 19, 2025 at 3:13 PM
Reposted by Daniel Zhao
Economist/YouGov Nov 15-17: Trade and tariffs
% who think tariffs imposed by Donald Trump have increased | decreased the prices they paid for things that they bought
U.S. adult citizens 73% | 3%
Democrats 92% | 1%
Independents 72% | 3%
Republicans 56% | 4%
today.yougov.com/politics/art...
% who think tariffs imposed by Donald Trump have increased | decreased the prices they paid for things that they bought
U.S. adult citizens 73% | 3%
Democrats 92% | 1%
Independents 72% | 3%
Republicans 56% | 4%
today.yougov.com/politics/art...
November 19, 2025 at 2:42 PM
Economist/YouGov Nov 15-17: Trade and tariffs
% who think tariffs imposed by Donald Trump have increased | decreased the prices they paid for things that they bought
U.S. adult citizens 73% | 3%
Democrats 92% | 1%
Independents 72% | 3%
Republicans 56% | 4%
today.yougov.com/politics/art...
% who think tariffs imposed by Donald Trump have increased | decreased the prices they paid for things that they bought
U.S. adult citizens 73% | 3%
Democrats 92% | 1%
Independents 72% | 3%
Republicans 56% | 4%
today.yougov.com/politics/art...
Reposted by Daniel Zhao
September PPI to be released Nov 25, September import/export prices on Dec 3
www.bls.gov/bls/2025-lap...
www.bls.gov/bls/2025-lap...
Revised news release dates following the 2025 lapse in appropriations
Revised news release dates following the 2025 lapse in appropriations
www.bls.gov
November 18, 2025 at 8:14 PM
September PPI to be released Nov 25, September import/export prices on Dec 3
www.bls.gov/bls/2025-lap...
www.bls.gov/bls/2025-lap...
Reposted by Daniel Zhao
Professional forecaster's unemployment forecasts worsened slightly in projections released today, but most of the shock to unemployment expectations happened earlier in the year. Reduced expectations for workforce growth are now dominated by continually-shrinking immigration projections.
November 17, 2025 at 11:17 PM
Professional forecaster's unemployment forecasts worsened slightly in projections released today, but most of the shock to unemployment expectations happened earlier in the year. Reduced expectations for workforce growth are now dominated by continually-shrinking immigration projections.
Reposted by Daniel Zhao
Amidst rising unemployment & decreasing immigration, professional forecasters are cutting their estimates for US job growth—projections released today expect the American workforce to be 850k people smaller in mid-2026 than they did six months ago
November 17, 2025 at 11:17 PM
Amidst rising unemployment & decreasing immigration, professional forecasters are cutting their estimates for US job growth—projections released today expect the American workforce to be 850k people smaller in mid-2026 than they did six months ago
Reposted by Daniel Zhao
I wrote about the stomach clenching reality of work now -- where rolling layoffs are the norm and no one feels secure in their job. Happy Monday! www.axios.com/2025/11/16/r...
It's a rolling layoff world
These silent layoffs are now just a part of doing business.
www.axios.com
November 17, 2025 at 1:47 PM
I wrote about the stomach clenching reality of work now -- where rolling layoffs are the norm and no one feels secure in their job. Happy Monday! www.axios.com/2025/11/16/r...
Reposted by Daniel Zhao
September jobs day will be Nov 20
Revised news release dates following the 2025 lapse in appropriations
Revised news release dates following the 2025 lapse in appropriations
www.bls.gov
November 14, 2025 at 8:07 PM
September jobs day will be Nov 20
Reposted by Daniel Zhao
Breaking News: The New York City Council overwhelmingly approved a rezoning on Wednesday that could transform an industrial stretch of Queens into thousands of apartments — private development aimed at addressing the city’s affordable housing crisis. nyti.ms/4p71Cqv
November 12, 2025 at 9:20 PM
Breaking News: The New York City Council overwhelmingly approved a rezoning on Wednesday that could transform an industrial stretch of Queens into thousands of apartments — private development aimed at addressing the city’s affordable housing crisis. nyti.ms/4p71Cqv
Reposted by Daniel Zhao
My guess (emphasis guess) is that we might see CES and PPI numbers for October but rolled into the November release
November 12, 2025 at 8:25 PM
My guess (emphasis guess) is that we might see CES and PPI numbers for October but rolled into the November release
Reposted by Daniel Zhao
Situation is more complicated for the unemployment rate but if the WH is saying it’s not possible that means BLS/Census told them it isn’t
November 12, 2025 at 8:25 PM
Situation is more complicated for the unemployment rate but if the WH is saying it’s not possible that means BLS/Census told them it isn’t
Reposted by Daniel Zhao
All of BLS has been furloughed since October 1st. That means no one was collecting data in Oct. You can’t just walk into a Costco in mid-November and find out what the price of a good was in October. That’s why an October CPI isn’t possible.
October jobs data may never be released, White House says
October jobs data may never be released, White House says
The Bureau of Labor Statistics has been unable to collect price data and employment information during the record-breaking government shutdown.
dlvr.it
November 12, 2025 at 8:25 PM
All of BLS has been furloughed since October 1st. That means no one was collecting data in Oct. You can’t just walk into a Costco in mid-November and find out what the price of a good was in October. That’s why an October CPI isn’t possible.
Reposted by Daniel Zhao
The White House is suggesting October CPI and employment reports will be skipped entirely. That has been our assumption. Collecting the CPI and HH survey are simply infeasible. Oct NFP can be collected and folded into the Nov report which almost surely will also be delayed by a week or more...1/2
November 12, 2025 at 7:14 PM
The White House is suggesting October CPI and employment reports will be skipped entirely. That has been our assumption. Collecting the CPI and HH survey are simply infeasible. Oct NFP can be collected and folded into the Nov report which almost surely will also be delayed by a week or more...1/2
Reposted by Daniel Zhao
...(so released after the Dec FOMC meeting). The survey week for the Nov HH survey will still be Nov 2-8 when the govt was shut down so we should still see a spike in the UR from furloughed workers (as @econberger.bsky.social has pointed out) 2/2
November 12, 2025 at 7:14 PM
...(so released after the Dec FOMC meeting). The survey week for the Nov HH survey will still be Nov 2-8 when the govt was shut down so we should still see a spike in the UR from furloughed workers (as @econberger.bsky.social has pointed out) 2/2