Pinned
The past week was one of the most joyous – and scary – of my life. (a 🧵)
I gave birth to my daughter and my heart grew several sizes.
Then the “silent killer” after childbirth hit me and I nearly died.
Heather Long
@byHeatherLong
Chief economist @NavyFederal | Marketplace contributor | Data aficionado | Views my own | Email: [email protected]
- About to discuss this bleak July jobs report with the great @ChristineRomans on NBC Key takeaway: “This is a bleak jobs report. The U.S. labor market is stalling again and that is going to make the Federal Reserve’s job harder and life for job seekers rough. The big surprise
- If you step back, this bleak July jobs report means the labor market is stalling again. Average job gains past 3 months: 20k Average job gains past 6 months: 44k Average job gains past 12 months: 26k Average job gains in all of 2025: 10k The strong jobs reports earlier this
- This worries me... Over 2.1 million people have left the U.S. labor force since November. Labor force participation rate November: 62.5% Labor force participation rate now (July): 61.4% Some of this is due to lower immigration. Some due to Baby Boomers retiring, but it also
- Inflation is totally wiping out wage gains. The financial squeeze is real for many Americans right now. Wage growth in the past year: 3.2% -->Lowest in 5 years Inflation: 3.5%+ Wage growth is *not* contributing to inflation right now. That means many workers will struggle in
