Lightnews — Scholar-powered news

Preston Mui @prestonmui.bsky.social · 7d

The Indeed Wage Tracker growth rate has fallen a full percentage point year-to-date. Hard to see signs of re-acceleration here.

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Reposted by Preston Mui

Mark Joseph Stern @mjsdc.bsky.social · 8d

NEW: The Supreme Court *refuses* to let Trump fire the Fed's Lisa Cook—for now. Instead, the court agrees to hear the case in January. Cook may continue to serve in the meantime.

(ORDER LIST: 606 U.S.)

WEDNESDAY, OCTOBER 1, 2025

ORDER IN PENDING CASE

25A312 TRUMP, PRESIDENT OF U.S., ET AL. V. COOK, LISA D.

The application for stay presented to The Chief Justice and
by him referred to the Court is deferred pending oral argument in
January 2026. The Clerk is directed to establish a briefing
schedule for amici curiae and any supplemental briefs responding
to amici.

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Reposted by Preston Mui

Michael Derby @michaelsderby.bsky.social · 9d

Spoke with Boston Fed chief Collins after her NYC speech and she cautioned against aggressive rate cuts: Cutting rates “too quickly and certainly announcing, oh yeah, we're just going to…keep going until we get to neutral, that seems to me to be a scenario where the risks to inflation go up."

Exclusive: Fed's Collins cautions against aggressive rate cuts given inflation issues

Federal Reserve Bank of Boston President Susan Collins said on Tuesday that her outlook for monetary policy is consistent with the gradual path of easing shown in the latest central bank forecasts, in comments that framed aggressive rate cuts as risky.

www.reuters.com

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Preston Mui @prestonmui.bsky.social · 9d

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Reposted by Preston Mui

Ben Casselman @bencasselman.bsky.social · 10d

The Department of Labor has released its plan in the event of a government shutdown.
Key takeaway for econ data: There will NOT be a jobs report on Friday (or any subsequent data releases) if funding isn't restored in time. #NumbersDay #EconSky
www.dol.gov/sites/dolgov...

www.dol.gov

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Preston Mui @prestonmui.bsky.social · 11d

Someone asked me about Abundance by Ezra Klein and Derek Thompson on this trip

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Preston Mui @prestonmui.bsky.social · 11d

Didn't have service for most of this, just catching up on news right now (I trust all is well?)

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Preston Mui @prestonmui.bsky.social · 11d

My (approximate) route ridewithgps.com/routes/51861...

Highly recommend as it stitches together the best of three of Oregon's bikepacking routes

The Oregon Outback + COBE + Gunsight Ridge

512.9 mi, +26154 ft. Bike ride in Klamath Falls, OR

ridewithgps.com

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Preston Mui @prestonmui.bsky.social · 11d

Just wrapped up 500ish miles of the Oregon backcountry

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Preston Mui @prestonmui.bsky.social · 21d

New frontiers in fiscal stimulus

Carl Quintanilla @carlquintanilla.bsky.social · 21d

BLOOMBERG: Labor Dept. officials “who took the Department of Government Efficiency’s ‘Fork in the Road’ offer earlier this year have returned as full-time workers, after collecting their full pay and benefits for months without performing their job duties.”

news.bloomberglaw.com/daily-labor-...

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Preston Mui @prestonmui.bsky.social · 21d

it's like the Entertainment coupon book

Preston Mui @prestonmui.bsky.social · 29d

new horizons in big fiscal

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Preston Mui @prestonmui.bsky.social · 29d

why are they running, i woulda taken the donut

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Preston Mui @prestonmui.bsky.social · 29d

off season is here... we're so back

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Preston Mui @prestonmui.bsky.social · Sep 9

@amackerdc.bsky.social reporting that Miran won't commit to stepping down after his "temporary" appointment to finish out Kugler's term: www.washingtonpost.com/business/202...

Trump Fed choice won’t pledge to resign if term extends past January

Stephen Miran declined to commit to stepping down as a top White House economic adviser if his appointment to the Federal Reserve extends beyond January.

www.washingtonpost.com

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Preston Mui @prestonmui.bsky.social · Sep 9

@skandaamarnath.bsky.social and I have a piece out about Stephen Miran, who is being considered for the Fed Board, and some of his concerning views around debt default, dollar policy, and fed independence.

Some was covered at the hearing, but there's more...

www.employamerica.org/monetary-pol...

Treasury Default, A Weak Dollar Policy, and Mass Fed Firings? What The Miran Hearing Missed

The confirmation hearing for Miran aired some key issues, but hardly all of them, and not the most important ones. It would be unwise to make an exception for seemingly “short-term” appointments; shor...

www.employamerica.org

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Preston Mui @prestonmui.bsky.social · Sep 9

o7 to the real deep state

Aaron Sojourner @aaronsojourner.org · Sep 8

🔥BLS Staff: "We will publish reliable data, no matter how inconvenient the results... Acting Commissioner is a respected career professional. There are no other political appointees at BLS... will remain accurate & nonpartisan... if that ever changes, the professionals will tell you." #StandWithBLS

“The Bureau of Labor Statistics must remain above politics. Our job is to deliver economic data guided by law and statistical practice — not partisan whim.

That’s why the firing of Commissioner Erika McEntarfer is so alarming. Dr. McEntarfer did nothing wrong. No serious observer claims otherwise. Commissioners don’t “cook” the numbers; they don’t even see them until after the estimates are complete. Dr. McEntarfer’s dismissal was unprecedented and she should be reinstated.

For decades, BLS Commissioners — Republican and Democrat alike — have been respected professionals. BLS data has been trusted because its methods are public, vetted, and transparent. BLS publishes its sources, publishes its methods, and its data revisions follow a set schedule. The public doesn’t have to *guess* whether the jobs numbers are real.

So why was Dr. McEntarfer forced out? Not because of misconduct. Not because of bad data. The only people making that claim are President Trump and his allies, who offer no evidence — only lies, character assassination, and intimidation. Their real goal is clear: to discredit independent statistics, slash budgets, and bully federal workers into silence.

But BLS staff will not be intimidated. We will publish reliable data, no matter how inconvenient the results. Our now-Acting Commissioner is a respected career professional. There are no other political appointees at BLS. The numbers will remain accurate and nonpartisan. And if that ever changes, the professionals will tell you.”

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Preston Mui @prestonmui.bsky.social · Sep 8

www.youtube.com/watch?v=o048...

"You didn't need to post that."

YouTube video by Gianni Matragrano

www.youtube.com

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Preston Mui @prestonmui.bsky.social · Sep 8

hey it's me

The Urbanist @theurbanist.org · Sep 8

Seattle's human population is growing fast, but its car population has stalled out. Between 2017 and 2023, Seattle added 35,000 households and about 80,000 residents, but just 3,300 cars, new Census data has revealed.

Story: www.theurbanist.org/2025/09/07/w...

While Seattle Population Spikes, Car Population Stalls Out » The Urbanist

# Seattle's human population is growing fast, but its car population has stalled out. Between 2017 and 2023, Seattle added 35,000 households and about 80,000 residents, but just 3,300 cars, new Census...

www.theurbanist.org

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Preston Mui @prestonmui.bsky.social · Sep 8

you know matt, you're missing a cover image on your profile.

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Preston Mui @prestonmui.bsky.social · Sep 8

TYFYATTM

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Preston Mui @prestonmui.bsky.social · Sep 6

www.raincityfit.com#home

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Preston Mui @prestonmui.bsky.social · Sep 5

how to square this with employment-population ratio looking pretty bad for women vs. men in the CPS?

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Preston Mui @prestonmui.bsky.social · Sep 5

bsky.app/profile/jose...

Joey Politano🏳️‍🌈 @josephpolitano.bsky.social · Sep 5

The first wave of federal workers who took the deferred resignation should show up as job losses in next month's BLS report, it will be an important data point to keep an eye on

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Preston Mui @prestonmui.bsky.social · Sep 5

Perhaps some evidence of the immigration effect on payrolls: sectors with high rates of undocumented workers starting to see payroll declines vs. all employees. didn't see this when i first did it a few months ago

(sectoral data comes out with a month lag, so just through july)

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