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Justin Lahart @jdlahart.bsky.social · 5d

Of course as a reporter I’m rooting for a good story…

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Justin Lahart @jdlahart.bsky.social · 5d

Or Katz!

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Justin Lahart @jdlahart.bsky.social · 5d

My guess is that this year will be the first time one of the winners is married to a previous nobel winner

undercoverhist.bsky.social @undercoverhist.bsky.social · 5d

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Who should get the econ Nobel this year & why?

Who will get it this year and why?

What's the consequences of having an econ prize?

Is the econ Nobel prize (and scientific prizes more generally) doing more good or bad to the profession? To science at large? And to society?

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Reposted by Justin Lahart

undercoverhist.bsky.social @undercoverhist.bsky.social · 5d

1/2 I wish I could stay away from incoming econ Nobel frenzy, but you don't always get what you want, so help me

Here is @richardtol.bsky.social's forecast (richardtol.substack.com/p/2025-nobel...) Samuelson's 1969 reflection on how many laureates should receive it jointly, and questions for you:

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Justin Lahart @jdlahart.bsky.social · 5d

Also, ADP depends on the BLS - its sample weightings are based on the QCEW. And the payroll data is only half of the employment situation report

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Reposted by Justin Lahart

The Wall Street Journal @wsj.com · 5d

Shoppers are throwing tantrums in the coffee aisle. Cafe owners are getting dirty looks. The year that sent java lovers over the edge.

Hell Hath No Fury Like a Coffee Drinker in 2025

Lots of things are more expensive, but coffee is irreplaceable. So Americans are eating the price hikes—and reserving the right to rant.

on.wsj.com

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Justin Lahart @jdlahart.bsky.social · 5d

Economists, investors and policymakers usually spend the first Friday each month poring over the latest government jobs report. Not this one. www.wsj.com/economy/jobs...

It’s Jobs Friday Without a Jobs Number: Here’s Where to Look for Alternatives

The monthly government jobs numbers won’t arrive on time. But private firms are helping fill the gap.

www.wsj.com

Justin Lahart @jdlahart.bsky.social · 6d

The new Revelio report shows a gain of 60k jobs. In a note, Revelio reports that both its data and ADP's are fairly correlated (~0.7) with the BLS data, but not as correlated (0.5) with each other. So combining the two for a BLS estimate might make sense. Doing that puts job growth at 38k.

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Justin Lahart @jdlahart.bsky.social · 6d

Is this the right way to look at this? Since the ADP data gets rebenchmarked based on the QCEW. In any case, it's not framed as a BLS forecast anymore, but as an independent check on the job market. And since they're following the methodology the Fed worked up, seems useful.

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Justin Lahart @jdlahart.bsky.social · 7d

Thinking of writing a first-person essay on how many fine minds have fallen into the maw of first-person punditry

Justin Lahart @jdlahart.bsky.social · 7d

😬

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Justin Lahart @jdlahart.bsky.social · 8d

The signal ain't great: Hires minus separations was 15k

Justin Lahart @jdlahart.bsky.social · 8d

The JOLTS report covers all of August, while the jobs report we probably won't be getting covers employment in the pay period that includes the 12th. So if you subtract JOLTS separations from hires, you maybe get a bit of signal for what payrolls would be...

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Justin Lahart @jdlahart.bsky.social · 9d

Wonder what the one exempt BLS employee during a shutdown does

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Justin Lahart @jdlahart.bsky.social · 9d

Quite the comment from the Dallas Fed manufacturing survey

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Reposted by Justin Lahart

The Wall Street Journal @wsj.com · 9d

Venezuelans and other immigrants are starting to disappear from Doral, Fla., where President Trump plans to host the G-20 summit next year.

Miami Suburb’s Once-Vibrant Housing Scene Is Hit by Exodus of Migrants

Doral, Fla., was a hub for Venezuelan immigrants, but now many have moved away, leaving their belongings, jobs and homes behind.

on.wsj.com

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Justin Lahart @jdlahart.bsky.social · 10d

The Federal Reserve resumed its interest-rate cutting campaign earlier this month in an effort to reverse a stall in the job market. The problem: The hiring drought can’t be cured by lower interest rates alone, at least not soon. www.wsj.com/finance/inve...

Rate Cuts Might Not Cure What Ails the Job Market

Tariffs, tight credit weigh on hiring plans while some channels for rate relief are clogged.

www.wsj.com

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Justin Lahart @jdlahart.bsky.social · 12d

Is the data on accidents at crosswalks?

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Justin Lahart @jdlahart.bsky.social · 15d

The team of federal economists and researchers responsible for producing the government survey that measures hunger in America were put on indefinite paid leave Monday, according to the union that represents the workers. www.wsj.com/politics/pol...

Exclusive | USDA Puts Food Researchers on Leave

The move comes days after the Trump administration abruptly canceled an annual Agriculture Department report that measures hunger in America.

www.wsj.com

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Justin Lahart @jdlahart.bsky.social · 15d

I, too, often start writing at 7 in the morning and keep going to midnight

The Wall Street Journal @wsj.com · 16d

Matthew McConaughey likes to write in a remote place for up to 17 hours a day. “The last thing I want to do is put the pen down and go to sleep.”

🔗: on.wsj.com/4mxR7ei

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Justin Lahart @jdlahart.bsky.social · 16d

The Trump administration says the new $100,000 annual fee for H-1B visas it announced Friday will help American workers. Many economists worry it will do just the opposite. www.wsj.com/economy/jobs...

Will the $100,000 Visa Fee Help U.S. Workers? Economists Aren’t So Sure

Changes to the H-1B system could benefit some U.S. workers. But economists say losing foreign talent could weaken the overall job market—and shift production overseas.

www.wsj.com

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Justin Lahart @jdlahart.bsky.social · 18d

The Trump administration is canceling an annual government effort to gather data on how many Americans struggle to get enough food. www.wsj.com/economy/trum...

Exclusive | Trump Administration Cancels Annual Hunger Survey

The government has been measuring food insecurity since the mid-1990s, but now says the report has become “overly politicized.”

www.wsj.com

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Justin Lahart @jdlahart.bsky.social · 19d

The great Bob Hagerty, on his mom, Marilyn Hagerty www.wsj.com/us-news/mari...

Marilyn Hagerty, Whose Column on Olive Garden Went Viral in 2012, Dies at 99

It was a simpler time online, her son recalls—and his no-nonsense mother broke through the noise for all the right reasons

www.wsj.com

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Justin Lahart @jdlahart.bsky.social · 21d

Mercator makes it bit of a cheat

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Reposted by Justin Lahart

The Wall Street Journal @wsj.com · 22d

South Korea is conducting a government investigation into potential human-rights violations against more than 300 Korean citizens detained in Georgia this month.

South Korea Probes Allegations of Human-Rights Violations Tied to Hyundai Raid

Seoul is looking at the U.S.’s treatment of Korean citizens inside a detention center, and whether any of them was unfairly arrested.

on.wsj.com

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