@adamtooze.bsky.social - Actually, an analysis by Julius Probst (an economist at Appcast) suggests that the situation is not so clear-cut. Depending on what data we look, both the US and the UK might appear to have a trade surplus with each other. www.linkedin.com/posts/mamert...

Great recap by @mattyglesias.bsky.social on why skilled immigration is beneficial. I especially think the closing sentence should be taught in schools—particularly in my home country, Italy: "the more you try to add up supply constriction, the poorer everyone gets."
open.substack.com/pub/matthewy...

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New Census immigration estimates:
2.8m in 2024
2.3m in 2023 (revised from 1.1m)

Much more in line with CBO estimates.

Census now including administrative data on "humanitarian migrants" for 2022, 2023, and 2024.

Calling all UK data experts: I’m struggling to find the 4-digit UK SOC variable (SOC20M) in the Annual Population Survey microdata. Any ideas on what I might be doing wrong? I’d greatly appreciate any pointers or help—thank you in advance! #econtwitter #uk @ukdataservice.bsky.social

🏁Kicking off my Bluesky journey with a chart I’ve been obsessing over for weeks - 📊How do Italy's regional labor market inequalities stack up against those of other large advanced economies? The differences are striking compared to countries like Germany or Japan, but less so with Spain & the US.