Mark G. Sheppard
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markgsheppard.com
Mark G. Sheppard
@markgsheppard.com
Inequality/Mobility. Researcher @NBER.org.
3rd Year Econ PhD, The Graduate Center.
2nd Lt., U.S. National Guard.
Former Congressional Staff.
Pinned
🚨 NEW INTERACTIVE RECESSION TOOL 🚨
The #SahmRule is the best tools we have to indicate a recession. I extend the logic laid out by
@claudia-sahm.bsky.social, building off work by
@pmichaillat.bsky.social and Saez, to create an interactive tool. #EconSky

markgsheppard.github.io/SahmRule/int...
Reposted by Mark G. Sheppard
thankful the BLS is back!
November 27, 2025 at 4:22 PM
Banger
Congress should call it the Own the Libs by Banning Partisan Gerrymandering Act of 2025 and pass it
November 27, 2025 at 12:40 AM
Reposted by Mark G. Sheppard
Two members of the National Guard have been shot near the White House in Washington, according to the US secretary of homeland security. on.ft.com/4omKUCZ
November 26, 2025 at 8:14 PM
Reposted by Mark G. Sheppard
November 25, 2025 at 10:14 PM
Reposted by Mark G. Sheppard
Black Americans fought bravely to protect defend a nation that defined them as second class citizens. The #GreenBookProject shows how they left and returned to a nation that was unsafe and hostile to their daily passage, and worked to dehumanize them at every turn
greenbookproject.osu.edu
#EconSky
November 21, 2025 at 1:53 PM
Reposted by Mark G. Sheppard
Historically, holiday travel was very risky for Black families. Everything from restaurants to grocery stores to hotels to gas stations required remaking safe choices on every trip. Explore this history, and add your story to the #CommunityMap: greenbookproject.osu.edu #GreenBookProject #EconSky
November 24, 2025 at 2:50 PM
Reposted by Mark G. Sheppard
As a survivor of the Tulsa Race Massacre, Viola Ford Fletcher bravely shared her story so that we’d never forget this painful part of our history. Michelle and I are grateful for her lifelong work to advance civil rights, and send our love to her family.
Viola Fletcher, Oldest Survivor of the Tulsa Race Massacre, Dies at 111
www.nytimes.com
November 25, 2025 at 12:45 AM
Reposted by Mark G. Sheppard
privatize the gains and socialize the costs ftw.
A story in 3 acts:
November 24, 2025 at 10:06 PM
Reposted by Mark G. Sheppard
As you're making the BIG grocery list this weekend, consider buying union-made. When you buy union, you're supporting:

✨ Good jobs in U.S. communities
💵 Living wages
🩺 Good benefits
🦺 Safe working conditions
🫶 Dignity and respect for workers

These quality products are produced by union members 🧵
November 21, 2025 at 9:59 PM
This is a very ambitious visualization, there is probably no way to 7 variables across 50 states and DC as a bar/map combo in a clean and legible way; but I do think you might as well ditch the y-axis commitment at this point.
November 21, 2025 at 11:42 PM
Reposted by Mark G. Sheppard
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
Reposted by Mark G. Sheppard
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...
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
I think some combination of: relying on aggregate measure like GDP that mask distributional issues, the binary categorization of recessions, and the fact that the last two downturns in living memory were catastrophic, has collectively made calling mild downturns heavily-resisted.

#EconSky
November 21, 2025 at 3:46 PM
Reposted by Mark G. Sheppard
Administration losing judicial presumption of regularity.
April 30, 2025 at 8:43 PM
Reposted by Mark G. Sheppard
I'm on the #EconJobMarket! I study how policies and childhood environments shape outcomes of low-income & vulnerable kids.

In my JMP, I study the effects of allowing youth who would have aged out of foster care at 18 to stay until 21—offering support their peers not in foster care get from parents.
November 20, 2025 at 11:06 PM
Reposted by Mark G. Sheppard
Last thing. BLS does amazing work to create timely, accurate info about America's working families, a huge public good.

They are there for us & we need to show up for them.

If you are a labor economist or care about workers & employment, follow & join Friends of BLS.
www.friendsofbls.org/join
November 20, 2025 at 2:17 PM
Reposted by Mark G. Sheppard
Finally, the first #JobsDay since the shutdown! The latest data out today is for September before the shutdown began on October 1.

Highlights:
- payroll employment up 119k for Sept while August change was revised down to below zero
- unemployment rate ticked up 3 months in a row to 4.4%

#EconSky
November 20, 2025 at 1:42 PM
One of the oddest statistics for the United States to be closer to gender-parity on.
Women are much more likely than men to be killed by their intimate partner
November 20, 2025 at 3:57 PM
The question is: is this a worrying upward trend, a healthy amount of slack, or a reversion to a natural rate?

#EconSky
Here's what worries the Fed (and me!): The unemployment rate is slowly drifting up. This is a clear sign of an unhealthy economy. And it's happening slowly enough that it hasn't attracted many headlines. But it really matters.
November 20, 2025 at 2:16 PM
Reposted by Mark G. Sheppard
Even with the faster than expected growth in payroll employment for September, downward revisions for July and August meant that combined July+Aug job growth was 33k less than originally reported. Over the last three months, job growth averaged 62k with small losses in both June and August.
#EconSky
November 20, 2025 at 1:59 PM
Reposted by Mark G. Sheppard
Finally, some data!
U.S. employers added 119,000 jobs in September and the unemployment rate ticked up to 4.4 percent.
Data: www.bls.gov/news.release...
Live coverage: www.nytimes.com/live/2025/bu...
#NumbersDay
Employment Situation Summary - 2025 M09 Results
www.bls.gov
November 20, 2025 at 1:31 PM
Reposted by Mark G. Sheppard
The unemployment rate edged up 0.1 percentage point (pp) to 4.4%, continuing slow rise. Up 0.3 pp over the year.
November 20, 2025 at 1:39 PM
EPI does an absolutely fantastic job of taking the research interests of their scholars and turning them into well-designed/public-facing research products.

Universities and professors interested in public impact need to take note.
If the arrests and detentions continue to escalate, it will be a major blow to North Carolina's labor market, particularly the state's construction industry

Four years of Trump's deportations could reduce NC construction employment by 25%
November 20, 2025 at 1:44 AM
Reposted by Mark G. Sheppard
Former BLS commissioner Erica Groshen on how the policy change to Schedule F that Trump & #Project2025 advocate would destroy the credibility of the federal statistical system.

Her comment on LinkedIn
www.linkedin.com/posts/erica-...
...
October 7, 2024 at 12:13 AM
Reposted by Mark G. Sheppard
Poverty is a policy choice. Concentrated wealth is a policy choice. Inequality is a policy choice. None of it is natural or inevitable. Remember: We have the power to build a system that serves the many, not the powerful few.
November 19, 2025 at 9:01 PM