Nick Bunker
@nick_bunker
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Lead Economist, North America, Mastercard Economics Institute. Working dad of three. ❤️ 📈
Pinellas County, FL
Joined October 2008
Link to a piece on these data here:
mastercard.com
A new analysis by the Mastercard Economics Institute reveals the cuisines that appeal most to international visitors.
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Now whether you think this an endorsement of American fare or a reflection of concern about what folks in the US might do to well-known classics is uncertain. Either way, after reading this research I'm already planning out my next food tour of New York.
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On the flip side, 🇮🇹 Italian and 🇫🇷 French visitors are more likely to check out some traditional American food ways, like delis, diners, and burger shops 🍔🍔🍔 They spend about a quarter of their wallet at those restaurants, more than double the rate of other tourists.
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🇨🇳 Chinese and 🇮🇳 Indian tourists are more likely to seek out the tastes of home, dropping 17% and 15% of their dining spend at restaurants serving their native cuisine.
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When you're traveling internationally, do you sample the local food or grab something that reminds you of home? In the wake of a strong year for New York tourism, my colleagues at MEI looked at the data on which cuisines international tourists spend on when they are in NYC.
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Some jobs day news: Today is my last day at Indeed. After an incredible six-plus years, I'm saying farewell and heading to my next challenge. I'm excited to announce I'm joining the Mastercard Economics Institute! Fired up to hit the ground running.
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Very excited and honored to see Hiring Lab data and research on remote work cited in this year’s Economic Report of the President. https://t.co/UkX1MoJs2m
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Just got back from voting. Time to wildly extrapolate national elections trends from my brief interactions! 🧵
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Honestly didn’t know it was JOLTS today until this afternoon. Okay, back to parental leave!
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We evacuated up to northern Florida earlier this week, so we are out of danger. But regardless this storm is heading toward family, friends and our community
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If you’re the praying kind of person, please pray for the Tampa Bay area right now. A major hurricane hasn’t hit the area in over 100 years but looks like that streak ends today.
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As for me: I’m overjoyed! And I recommend you keep an eye on BLS series LNU02096057 over the next few jobs reports.
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Charles McKenna Bunker joined our family earlier this week. We’re overjoyed to welcome this sweet new addition to our family. Charlie and his mom are both happy and healthy.
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Check out the full report, out today, here
hiringlab.org
Of the more than 2,800 unique work skills identified and assessed by Indeed, none are “very likely” to be replaced by generative artificial intelligence.
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I wouldn't get too concerned about GenAI taking your job. New Hiring Lab research evaluated over 2,800 skills and found zero (yes, ZERO) of them are "very likely" to be replaced by a Large Language Model.
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The CPS, a crown jewel of US economic data, is under threat. The program needs more funding in order to modernize. That’s why Indeed has signed this letter calling for more funding for this important survey.
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A well-deserved victory lap from Figura & Waller, ending with a note of caution that while data to date have been consistent with a soft landing, the process is not complete and the landing is still very much at risk.
New #FEDSPaper: What Does the Beveridge Curve Tell Us about the Likelihood of Soft Landings?: https://t.co/w2u0jWJLkk
#EconTwitter
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A question for those who've followed the Fed more closely and for longer than I: When was the last time a Fed governor, who wasn't the chair or vice chair, received as much attention as Chris Waller?
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