Platypus Economics with Justin Wolfers15 Juni

The Job Numbers Will Probably Get Revised—That’s Not A Scandal | The Professor Is In

Justin Wolfers breaks down the biggest myths surrounding the monthly jobs report, starting with why strong hiring doesn't always move the unemployment rate. He also addresses the recurring claim that new jobs are low quality or mostly second jobs, explaining that the jobs report simply doesn't contain enough detail to support those conclusions in real time.

The conversation then goes deep on revisions, seasonal adjustments, and benchmark updates — and why none of these are signs of manipulation, but rather evidence that measurement improves as better data arrives. Private sector estimates like ADP get attention too, but Wolfers explains why their margin of error makes month-to-month comparisons nearly meaningless.

Inflation and recession close out the discussion, and Wolfers is direct: the two are related concerns but not interchangeable ones. Inflation can make households feel economically miserable without the economy actually being in recession. Public confusion between these concepts distorts everything from consumer confidence to political debate.

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Avsnitt(71)

Inflation Is Up—Temporary Bedfellow or Long-term Partner? | Off the Clock

The work week may be over, but the economy really never takes time off. In this week’s episode of Off the Clock, Justin Wolfers and Stacey Vanek Smith help you cut through the noise and figure out wha...

15 Juni 51min

Are Markets Getting Suckered By Trump's Truth Socials? | Diving In

What happens when markets have to price the risks of war and presidential credibility at the same time? In this episode, Justin Wolfers explains why U.S. stocks keep rising and falling with Trump’s Tr...

11 Juni 8min

Trump Tried to Mess With the Jobs Report. It Didn't Work. | Diving In

When the latest jobs report showed strong numbers, the internet exploded with accusations of fraud and government manipulation. And given everything the Trump administration has done—firing the head o...

10 Juni 19min

The Future of Work Is Care—Can Men Adapt? | The Professor Is In

America keeps talking about manufacturing — but the labor market is growing elsewhere. In this Q&A, Justin Wolfers answers audience questions and responds to subscriber comments from his recent episod...

8 Juni 24min

Why The Stock Market Hated May’s Strong Jobs Report | Off the Clock

In this episode of Off the Clock, Justin unwinds the week’s economic news with his friend, Stacey Vanek Smith—senior writer for Bloomberg Businessweek and cohost of the Everybody’s Business podcast. T...

6 Juni 51min

The Pink-Collar Economy Is Here | Diving In

Since the start of President Trump’s second term, women have received 86% of net new payroll jobs and now hold slightly more non-farm payroll jobs than men. In this episode, Justin Wolfers explains wh...

3 Juni 13min

A Gas Tax Holiday Is Performative Nonsense | The Professor Is In

What happens when politicians try to look like they’re fixing high gas prices without actually fixing them? Justin Wolfers explains why a federal gas tax holiday is bad economics, good theater, and a ...

30 Maj 22min