We've advocated for a Strategic Resilience Reserve: public entity that supports market development, not picks winners. It should: - Lend to intermediaries - Invest in storage - Act as buyer of last resort in crises (like the SPR did in 2023-24) x.com/ArnabDatta321/… 5/

Employ America was launched in 2019 to confront the policy failures in the wake of the Global Financial Crisis. Policymakers learned from their mistakes and avoided another jobless recovery after COVID, but shortages and inflation have revealed the limits of the old playbook 1/8

The challenges to achieving and sustaining full employment have evolved, so Employ America is evolving too. We’ve overhauled our public communications, re-imagined our branding ... employamerica.org/expanding-the-…

Employ America is the most valuable-above-replacement economics think thank / policy research shop in the world, certainly relative to the number of people who work there. Looking forward to seeing what they do next.

Same name, same org, but we're doing some updating Employ America Thankful to all who have supported us over the years and looking forward to your support and collaboration over the coming years.

Skanda Amarnath Arnab Datta Ashley George Preston Mui ... but esp big THANK YOU to Vikas Patel, who project-managed the entire thing across branding, website, comms, publishing... would have been impossible without him Happy to reclaim my time now that the branding project is done, but I'm so thrilled with what we've created together

New from my colleague Ashley George at Employ America OBBBA slashes programs like Medicaid and SNAP. It's not just harmful to Americans that rely on those programs. It's also bad macroeconomic policy.

re: tariff inflation discourse, it's worth mentioning again that if tariffs *don't* raise prices, then there's no way they "incentivize" domestic production The mechanism by which they're supposed to re-shore industry is by increasing prices for imported goods and reducing trade

New from our guest writer Will Raderman on the rise on recent graduate unemployment. Is it AI? Not so fast!

A lot of people are blaming AI for grads’ poor outcomes, but I find the evidence for this claim is surprisingly thin. Excited to release a new analysis w/ Employ America on the labor market performance of recent college grads. 🧵

Other explanations could better explain why recent grads are facing worse outcomes now, including those that  Preston Mui, Skanda Amarnath, & the smart folks at Employ America have already written about! Factors like the slower overall hiring rate and the 2022 “tech-cession."

Regardless of which reason you find most compelling, I think greater skepticism of the AI hypothesis is warranted. Don’t Blame AI For The Decline In Job Prospects After College (yet). You can read the piece here: employamerica.org/labor-market-a…

So a government drowning in trillion-dollar deficits borrows $150 billion more at 4.5% interest rates that taxpayers will be paying forever, in order to compensate us for higher prices that they deny are actually resulting from the tariffs. Makes sense.

Even if nothing in BLS processes actually changes, public trust is permanently harmed when the BLS commissioner is fired after one bad jobs report. The optics are terrible and collective perception matters. So does reality No one comes out ahead when POTUS pulls this BS.