Breyon Williams
@BreyonWilliams
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Chief Economist @Groundwork, SC native, & avid chess player
Washington, DC
Joined May 2018
Each year, only 15 doctoral degrees in economics are awarded to African Americans in the United States, on average. This year, I earned one of them.
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The Chicago Fed Real-Time Unemployment Rate Forecast estimates the U.S. Bureau of Labor Statistics (BLS) monthly unemployment rate at 4.44% (4.4% on a rounded basis) for November, little changed from the last reported BLS value for September.
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I'm rich & this is a lie. When politicians lower my taxes, I don't create additional jobs (only demand does that). I simply save that money Trickle-down economics has been repeatedly debunked yet conservatives lie to you so they can give their wealthy overlords more tax cuts
If you want to help the poor, then lower taxes on the rich. What helps the poor is a productive economy that makes goods and services more abundant and less expensive, while creating employment opportunities. The capital investment that makes that possible comes from the rich.
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The Bureau of Labor Statistics canceled its October consumer price index report, saying it was unable to retroactively collect some data given the US government shutdown
bloomberg.com
The Bureau of Labor Statistics canceled its October consumer price index report, saying it was unable to retroactively collect some data given the US government shutdown.
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Thanksgiving costs are a lot more expensive under Trump.
Trump claims that Thanksgiving prices are down this year. A new report from @Groundwork, @TCFdotorg and @AFTunion using pricing data from grocery stores in November finds prices for Turkey Day staples on the rise--and families are cutting back to afford them.
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A weakish jobs report but, as usual, not completely clear. Surprisingly strong 119K jobs added but 3-month average is only 62K. Unemployment rate up 0.12pp to 4.4% but LFPR and employment rate up and U-6 (broadest measure) down. Average hours flat.
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Welcome to New York, @econspeakers. We're setting up shop in the Empire State to bring some much-needed balance to the economic news landscape.
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Verizon’s U.S. employees will be notified Thursday if they are being laid off in Verizon’s largest-ever round of workforce cuts
wsj.com
U.S. employees will be notified Thursday if they are being laid off in Verizon’s largest-ever round of workforce cuts.
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JUST IN: The US unemployment rate climbed to 4.4% in September -- the worst since October 2021. The economy added 119,000 jobs in September, which is above expectations. But...August was revised down to -4,000. **The US lost jobs in both June and August** Wages grew +3.8 in
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NEW JOBS DATA: Non-farm Payrolls: +119k Unemployment Rate: 4.4% (+0.1%) Prime Age (25-54) Employment-Population Ratio: 80.7% (+0%) Average Hourly Earnings: +0.2%
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With 119k gain in Sept, nonfarm payroll growth has averaged 76k in 2025 and just 39k in the past five months. Lowest annual average this century outside of a recession.
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October and November jobs numbers won’t be released until December 16th https://t.co/MFJnzDbIs9
bls.gov
Revised news release dates following the 2025 lapse in appropriations
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S H A M E F U L
Hourly Walgreens employees will reportedly no longer receive paid time off for six major holidays, including Thanksgiving and Christmas, after the pharmacy giant was acquired by private equity firm Sycamore Partners
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So let me get this straight: The President’s plan to lower prices is to roll back some of his own tariffs?
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BLS just announced the September jobs report will be released on Thursday, November 20. [Note: This should be a "full report" with both the households survey and establishment survey info]
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The PREE session on Project 2025 and white supremacist backlash was powerful. Huge shoutout to the speakers for grounding this moment in real history and real strategy. EARNCon is bringing a powerhouse agenda this year with deep dives on countering big corporation narratives,
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You’re capable even when you don’t feel it. You’re worth it even when you don’t feel it. You’ll make it through the storm.
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