John Burn-Murdoch
@jburnmurdoch.ft.com
Columnist and chief data reporter the Financial Times | Stories, stats & scatterplots | [email protected]
📝 ft.com/jbm
📝 ft.com/jbm
Pinned
We’re going to hear lots of stories about which people, policies and rhetoric are to blame for the Democrats’ defeat.
Some of those stories may even be true!
But an underrated factor is that 2024 was an absolutely horrendous year for incumbents around the world 👇 
Some of those stories may even be true!
But an underrated factor is that 2024 was an absolutely horrendous year for incumbents around the world 👇 
Reposted by John Burn-Murdoch
If you're lucky enough to be able to read the @financialtimes.com these evidence-based conversations between @jburnmurdoch.ft.com and @sarahoconnorft.ft.com are particularly fascinating. Here's the latest.
The AI Shift: Is AI about to break polling?
Online surveys are susceptible to bogus respondents and synthetic samples warrant scepticism
www.ft.com
November 28, 2025 at 7:59 AM
If you're lucky enough to be able to read the @financialtimes.com these evidence-based conversations between @jburnmurdoch.ft.com and @sarahoconnorft.ft.com are particularly fascinating. Here's the latest.
Reposted by John Burn-Murdoch
This is fascinating and disturbing from @jburnmurdoch.ft.com on rise of 'financial nihilism' (cc @aminsamman.bsky.social !) in the asset economy www.ft.com/content/c17a...
The housing crisis is pushing Gen Z into crypto and economic nihilism
Locked out of home ownership, young adults are turning to risky financial behaviour
www.ft.com
November 28, 2025 at 9:04 AM
This is fascinating and disturbing from @jburnmurdoch.ft.com on rise of 'financial nihilism' (cc @aminsamman.bsky.social !) in the asset economy www.ft.com/content/c17a...
Reposted by John Burn-Murdoch
Starmer and Reeves run probably the most economically left-wing government of past five decades and yet bleeding support to its left thanks to dumb strategy www.economist.com/britain/2025...
November 27, 2025 at 8:58 AM
Starmer and Reeves run probably the most economically left-wing government of past five decades and yet bleeding support to its left thanks to dumb strategy www.economist.com/britain/2025...
Attention is on NEETs today, but the problem is much worse.
NEETs include stay-at-home parents & jobseekers.
Strip those out to focus on people not working, not seeking work, not in education & not parenting: this group of economically & socially dislocated young adults has *doubled* in a decade.
NEETs include stay-at-home parents & jobseekers.
Strip those out to focus on people not working, not seeking work, not in education & not parenting: this group of economically & socially dislocated young adults has *doubled* in a decade.
November 20, 2025 at 10:25 AM
Attention is on NEETs today, but the problem is much worse.
NEETs include stay-at-home parents & jobseekers.
Strip those out to focus on people not working, not seeking work, not in education & not parenting: this group of economically & socially dislocated young adults has *doubled* in a decade.
NEETs include stay-at-home parents & jobseekers.
Strip those out to focus on people not working, not seeking work, not in education & not parenting: this group of economically & socially dislocated young adults has *doubled* in a decade.
Worth noting:
• Upward revision applies to entire 2021-2024 series — the *trend* in emigration is *roughly* flat
• As infuriating as big revisions are, they mean data is getting better
• BUT wild that we ever used a survey to gauge movements into and out of the country instead of counting people!
• Upward revision applies to entire 2021-2024 series — the *trend* in emigration is *roughly* flat
• As infuriating as big revisions are, they mean data is getting better
• BUT wild that we ever used a survey to gauge movements into and out of the country instead of counting people!
November 18, 2025 at 12:40 PM
Worth noting:
• Upward revision applies to entire 2021-2024 series — the *trend* in emigration is *roughly* flat
• As infuriating as big revisions are, they mean data is getting better
• BUT wild that we ever used a survey to gauge movements into and out of the country instead of counting people!
• Upward revision applies to entire 2021-2024 series — the *trend* in emigration is *roughly* flat
• As infuriating as big revisions are, they mean data is getting better
• BUT wild that we ever used a survey to gauge movements into and out of the country instead of counting people!
Reposted by John Burn-Murdoch
ONS is so bad. (This is about specifically British nationals.) www.ons.gov.uk/peoplepopula...
November 18, 2025 at 11:26 AM
ONS is so bad. (This is about specifically British nationals.) www.ons.gov.uk/peoplepopula...
Excellent column from @stephenkb.bsky.social on what
@alanmanning4.bsky.social refers to as the “infernal circle” of immigration policy www.ft.com/content/1144...
@alanmanning4.bsky.social refers to as the “infernal circle” of immigration policy www.ft.com/content/1144...
Labour needs a way out of the infernal circle of immigration policy
Politics today is about ‘open vs closed’, but the UK government’s approach risks appeasing no one
www.ft.com
November 18, 2025 at 11:05 AM
Excellent column from @stephenkb.bsky.social on what
@alanmanning4.bsky.social refers to as the “infernal circle” of immigration policy www.ft.com/content/1144...
@alanmanning4.bsky.social refers to as the “infernal circle” of immigration policy www.ft.com/content/1144...
Reposted by John Burn-Murdoch
The basic problem with the temporary refugee status policy - especially one lasting up to 20 years - is it leads to very few removals (based on Denmark's experience) but does significantly worsen integration.
November 18, 2025 at 9:05 AM
The basic problem with the temporary refugee status policy - especially one lasting up to 20 years - is it leads to very few removals (based on Denmark's experience) but does significantly worsen integration.
Reposted by John Burn-Murdoch
Is AI making job recruitment less meritocratic? We're getting some v interesting research studies on this question now, and the news is... not good. @jburnmurdoch.ft.com & I dive in, in the latest edition of our newsletter The AI Shift www.ft.com/content/e5b7...
November 14, 2025 at 10:13 AM
Is AI making job recruitment less meritocratic? We're getting some v interesting research studies on this question now, and the news is... not good. @jburnmurdoch.ft.com & I dive in, in the latest edition of our newsletter The AI Shift www.ft.com/content/e5b7...
Quick thread on the BBC and the political and societal significance of recent developments:
One of the main reasons the UK has historically been so much less polarised than the US, is that Britain has a shared source of information, consumed and trusted by most people regardless of their politics.
One of the main reasons the UK has historically been so much less polarised than the US, is that Britain has a shared source of information, consumed and trusted by most people regardless of their politics.
November 10, 2025 at 1:43 PM
Quick thread on the BBC and the political and societal significance of recent developments:
One of the main reasons the UK has historically been so much less polarised than the US, is that Britain has a shared source of information, consumed and trusted by most people regardless of their politics.
One of the main reasons the UK has historically been so much less polarised than the US, is that Britain has a shared source of information, consumed and trusted by most people regardless of their politics.
Reposted by John Burn-Murdoch
Tax policy on the British left is pure "anti-bedtime left". Bizarre idea that you can have a big social democratic welfare state without everyone contributing properly www.economist.com/britain/2025...
November 6, 2025 at 11:06 AM
Tax policy on the British left is pure "anti-bedtime left". Bizarre idea that you can have a big social democratic welfare state without everyone contributing properly www.economist.com/britain/2025...
Reposted by John Burn-Murdoch
Zohran's relentless disciplined campaign was truly impressive - he brought every message/issue back to the cost of living and built a model for what bringing attention to a positive affordability message can look like
Proud to have Blue Rose do ad testing for the Zohran IE!
x.com/alimortell/s...
Proud to have Blue Rose do ad testing for the Zohran IE!
x.com/alimortell/s...
Ali Mortell on X: ".@ZohranKMamdani ran a phenomenal, authentic campaign focused on affordability. Blue Rose Research is proud to have partnered with @MiddleSeatCo on ad testing and to support their work in helping build the momentum for a more affordable New York. LFG 🌹 https://t.co/0HLenkSSrv" / X
.@ZohranKMamdani ran a phenomenal, authentic campaign focused on affordability. Blue Rose Research is proud to have partnered with @MiddleSeatCo on ad testing and to support their work in helping build the momentum for a more affordable New York. LFG 🌹 https://t.co/0HLenkSSrv
x.com
November 5, 2025 at 3:13 PM
Zohran's relentless disciplined campaign was truly impressive - he brought every message/issue back to the cost of living and built a model for what bringing attention to a positive affordability message can look like
Proud to have Blue Rose do ad testing for the Zohran IE!
x.com/alimortell/s...
Proud to have Blue Rose do ad testing for the Zohran IE!
x.com/alimortell/s...
Reposted by John Burn-Murdoch
NEW: The End of the Line: the centrepiece of Saudi Arabia’s Neom gigaproject - a 500m tall, 170km long wall-like building intended ultimately to house 9 million people - can’t get out of the ground, say more than 20 former Neom architects, engineers and senior executives.
ig.ft.com/saudi-neom-l...
ig.ft.com/saudi-neom-l...
End of The Line: how Saudi Arabia’s Neom dream unravelled
Mohammed bin Salman’s utopian city was undone by the laws of physics and finance
ig.ft.com
November 6, 2025 at 6:56 AM
NEW: The End of the Line: the centrepiece of Saudi Arabia’s Neom gigaproject - a 500m tall, 170km long wall-like building intended ultimately to house 9 million people - can’t get out of the ground, say more than 20 former Neom architects, engineers and senior executives.
ig.ft.com/saudi-neom-l...
ig.ft.com/saudi-neom-l...
NEW from me:
Political hostility, high visa fees and (in the case of the UK) stagnant incomes are making the UK and US less attractive destinations for top international talent.
That steep decline in the appeal of moving to the US after 2016 is 👀
Political hostility, high visa fees and (in the case of the UK) stagnant incomes are making the UK and US less attractive destinations for top international talent.
That steep decline in the appeal of moving to the US after 2016 is 👀
October 31, 2025 at 2:32 PM
NEW from me:
Political hostility, high visa fees and (in the case of the UK) stagnant incomes are making the UK and US less attractive destinations for top international talent.
That steep decline in the appeal of moving to the US after 2016 is 👀
Political hostility, high visa fees and (in the case of the UK) stagnant incomes are making the UK and US less attractive destinations for top international talent.
That steep decline in the appeal of moving to the US after 2016 is 👀
Reposted by John Burn-Murdoch
2nd edition of our The AI Shift newsletter is out. The question today: could AI be making us LESS productive? @jburnmurdoch.ft.com www.ft.com/content/2480... At the individual level, it's clear we're not reliable witnesses on this Q. At an organisational level, it gets even more interesting...
October 30, 2025 at 1:11 PM
2nd edition of our The AI Shift newsletter is out. The question today: could AI be making us LESS productive? @jburnmurdoch.ft.com www.ft.com/content/2480... At the individual level, it's clear we're not reliable witnesses on this Q. At an organisational level, it gets even more interesting...
Reposted by John Burn-Murdoch
Read the headlines and you’ll see wildly different conclusions about whether AI is taking jobs or not. @jburnmurdoch.ft.com and @sarahoconnorft.ft.com break down what the data actually shows in their new newsletter The AI Shift. It's free to read here: on.ft.com/4niHdxo
October 23, 2025 at 12:01 PM
Read the headlines and you’ll see wildly different conclusions about whether AI is taking jobs or not. @jburnmurdoch.ft.com and @sarahoconnorft.ft.com break down what the data actually shows in their new newsletter The AI Shift. It's free to read here: on.ft.com/4niHdxo
Reposted by John Burn-Murdoch
Exciting day: one of my fave colleagues @jburnmurdoch.ft.com and I are teaming up on a weekly newsletter to track what's really happening with AI & the labour market. No hype, just spreadsheets & shoe-leather. You can sign up here to get the first edition at lunchtime today! ft.com/AIshift
Login
ft.com
October 23, 2025 at 10:05 AM
Exciting day: one of my fave colleagues @jburnmurdoch.ft.com and I are teaming up on a weekly newsletter to track what's really happening with AI & the labour market. No hype, just spreadsheets & shoe-leather. You can sign up here to get the first edition at lunchtime today! ft.com/AIshift
Wild story.
The US Federal Reserve has long used additional data from payroll-processing company ADP to buttress official jobs numbers.
During the shutdown this third party data is extra important for filling the gap.
And ADP has stopped sharing the data.
www.wsj.com/economy/cent...
The US Federal Reserve has long used additional data from payroll-processing company ADP to buttress official jobs numbers.
During the shutdown this third party data is extra important for filling the gap.
And ADP has stopped sharing the data.
www.wsj.com/economy/cent...
October 22, 2025 at 6:28 PM
Wild story.
The US Federal Reserve has long used additional data from payroll-processing company ADP to buttress official jobs numbers.
During the shutdown this third party data is extra important for filling the gap.
And ADP has stopped sharing the data.
www.wsj.com/economy/cent...
The US Federal Reserve has long used additional data from payroll-processing company ADP to buttress official jobs numbers.
During the shutdown this third party data is extra important for filling the gap.
And ADP has stopped sharing the data.
www.wsj.com/economy/cent...
Reposted by John Burn-Murdoch
New post just out:
"On the edge"
On my unexpected week in hospital and five things I learnt about the state of the NHS.
(Free to read)
open.substack.com/pub/samf/p/o...
"On the edge"
On my unexpected week in hospital and five things I learnt about the state of the NHS.
(Free to read)
open.substack.com/pub/samf/p/o...
On the edge
My week in the NHS
open.substack.com
October 19, 2025 at 8:14 AM
New post just out:
"On the edge"
On my unexpected week in hospital and five things I learnt about the state of the NHS.
(Free to read)
open.substack.com/pub/samf/p/o...
"On the edge"
On my unexpected week in hospital and five things I learnt about the state of the NHS.
(Free to read)
open.substack.com/pub/samf/p/o...
Reposted by John Burn-Murdoch
Grid scale batteries are changing our electricity system. Excellent new visual story on batteries in FT today shows just how far this technology has evolved.
Fasten your seatbelts, this is just the beginning.
ig.ft.com/mega-batteri...
Fasten your seatbelts, this is just the beginning.
ig.ft.com/mega-batteri...
October 13, 2025 at 10:26 AM
Grid scale batteries are changing our electricity system. Excellent new visual story on batteries in FT today shows just how far this technology has evolved.
Fasten your seatbelts, this is just the beginning.
ig.ft.com/mega-batteri...
Fasten your seatbelts, this is just the beginning.
ig.ft.com/mega-batteri...
Reposted by John Burn-Murdoch
New: How mega batteries are unlocking an energy revolution.
A boom in grid-scale storage is solving renewables’ reliability problem and extending the use of clean power.
Latest visual story w/ @nassosstylianou.bsky.social @samlearner.bsky.social @inari-ta.bsky.social
🔋👉 ig.ft.com/mega-batteri...
A boom in grid-scale storage is solving renewables’ reliability problem and extending the use of clean power.
Latest visual story w/ @nassosstylianou.bsky.social @samlearner.bsky.social @inari-ta.bsky.social
🔋👉 ig.ft.com/mega-batteri...
How mega batteries are unlocking an energy revolution
Vast battery units are shoring up grids and extending the use of clean power
ig.ft.com
October 13, 2025 at 6:08 AM
New: How mega batteries are unlocking an energy revolution.
A boom in grid-scale storage is solving renewables’ reliability problem and extending the use of clean power.
Latest visual story w/ @nassosstylianou.bsky.social @samlearner.bsky.social @inari-ta.bsky.social
🔋👉 ig.ft.com/mega-batteri...
A boom in grid-scale storage is solving renewables’ reliability problem and extending the use of clean power.
Latest visual story w/ @nassosstylianou.bsky.social @samlearner.bsky.social @inari-ta.bsky.social
🔋👉 ig.ft.com/mega-batteri...
Reposted by John Burn-Murdoch
Incredibly useful new story by @jburnmurdoch.ft.com on the 'crisis' for young college grads. Most analyses compare mid-20s workers with/without a degree. But as John points out, the relevant comparison group is actually *new entrants* with/without a degree - most non-degree workers enter at 18-19.
What the graduate unemployment story gets wrong
People with a degree are faring better, not worse than their non-graduate counterparts
www.ft.com
October 10, 2025 at 2:46 PM
Incredibly useful new story by @jburnmurdoch.ft.com on the 'crisis' for young college grads. Most analyses compare mid-20s workers with/without a degree. But as John points out, the relevant comparison group is actually *new entrants* with/without a degree - most non-degree workers enter at 18-19.
Reposted by John Burn-Murdoch
"if anything employment outcomes are worsening more rapidly for those with fewer skills looking for blue-collar jobs than the highly skilled seeking knowledge work"
on.ft.com/43eYeRZ
@jburnmurdoch.ft.com as ever doing the essential work.
It's not just AI. And education still matters
on.ft.com/43eYeRZ
@jburnmurdoch.ft.com as ever doing the essential work.
It's not just AI. And education still matters
What the graduate unemployment story gets wrong
People with a degree are faring better, not worse than their non-graduate counterparts
on.ft.com
October 10, 2025 at 5:41 AM
"if anything employment outcomes are worsening more rapidly for those with fewer skills looking for blue-collar jobs than the highly skilled seeking knowledge work"
on.ft.com/43eYeRZ
@jburnmurdoch.ft.com as ever doing the essential work.
It's not just AI. And education still matters
on.ft.com/43eYeRZ
@jburnmurdoch.ft.com as ever doing the essential work.
It's not just AI. And education still matters
Reposted by John Burn-Murdoch
Lead is leaching into the environment and lurking in our homes. It's in soil, in water, in food, in our housing.
And it's poisoning people.
The first episode of Untold: Toxic Legacy launches October 22. Trailer here:
open.spotify.com/episode/6M4H...
And it's poisoning people.
The first episode of Untold: Toxic Legacy launches October 22. Trailer here:
open.spotify.com/episode/6M4H...
Spotify – Web Player
open.spotify.com
October 9, 2025 at 9:44 AM
Lead is leaching into the environment and lurking in our homes. It's in soil, in water, in food, in our housing.
And it's poisoning people.
The first episode of Untold: Toxic Legacy launches October 22. Trailer here:
open.spotify.com/episode/6M4H...
And it's poisoning people.
The first episode of Untold: Toxic Legacy launches October 22. Trailer here:
open.spotify.com/episode/6M4H...
Reposted by John Burn-Murdoch
Terrific weekend essay by @henrymance.bsky.social
How polarised is Britain?
Behind media perceptions of a sharpening political divide is a more complicated picture
www.ft.com
October 5, 2025 at 9:45 AM
Terrific weekend essay by @henrymance.bsky.social