Heather Boushey @hboushey46
Member of the Council of Economic Advisers & Chief Economist for the President's Invest in America Cabinet, the White House whitehouse.gov Joined February 2021-
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Unemployment rate has now been below 4% for *27 straight months* Again, the last time this happened, Nixon was in office
What is up with the US EV market? 🧵... Given typical S-curve adoption dynamics & 50% annual growth in US EV sales last year, I was expecting ~30-40% growth in 2024. Excluding Tesla, EV sales were up ~35% in Q1, right on pace. Ford, Hyundai, Kia etc posted good April growth...
Today’s employment report shows the U.S. economy added 175,000 jobs in April, a bit below expectations. Revisions to prior months’ estimates were relatively small on net. Through April, the average three-month gain in payrolls was a healthy 242,000. 1/
🌎Today: *More* Climate, Public Health, and Environmental Justice action from @POTUS. (1) Lead Pipes - "President Biden will announce Thursday that his administration will be doling out $3 billion in funds to replace lead pipes, which can pose a health hazard."
Everyone (rightly) concerned about the return of rising electricity demand should pay close attention to reconductoring - a wonky but consequential way to get WAY more out of our electric grid. A 🧵 1/12
The IRS says 140,803 people successfully filed their taxes with the agency's free direct file pilot program – exceeding their goal of 100,000.
“As the country accelerates into an electric vehicle future, President Biden is committed to ensuring that the workers, unions, and businesses that have historically powered the auto industry lead the next generation of clean vehicles.” whitehouse.gov/briefing-room/…
Arin Dube @arindube
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148K Followers 208 Following Senior Fellow, Carnegie Endowment. For speaking engagements, please contact me at [email protected]This child ha never seen a jobs report with an unemployment rate above 4%.
The unemp. rate ticked up to 3.9% in April, the 27th straight month below 4%, tied for the longest period since the late 1960s. The broadest measure of underemployment, U-6—including those working part-time for economic reasons and the marginally attached—ticked up to 7.4%. 2/
Amazing that revitalizing manufacturing and creating family sustaining jobs are being honored at #Time100 #deploydeploydeploy
It was the honor of a lifetime to be a part of the effort to free workers from noncompetes. This is government working for people.
BREAKING: The FTC just banned non-compete agreements. The Federal Trade Commission has issued a final rule making it illegal for bosses to make workers sign noncompetes in any scenario, and voiding nearly all existing noncompetes. This is a game changer for American workers.
And more coming!
Our Administration has protected more than 26 million acres of lands and waters so far – putting President Biden on track to conserve more lands and waters than any President in history.
(To be clear I have never been wrong, all of my analysis is perfect, I have always thought through everything perfectly, and I have nothing I look back on and go "well that wasn't right" and I will take no questions at this time)
I appreciate the honor from #Time100, something I never could have imagined, but I’m just a piece of this story. Under @SecGranholm's leadership and the hard work of our team @ENERGY we are rebuilding America together, in red & blue states, seizing leadership from China in clean…
TSMC, Biden's CHIPS office, and Arizona labor unions working together to rapidly reshore semiconductor production. @ddayen @TheProspect on supply side liberalism building power, with @joelle_gamble @RonnieChatterji @toddachilles @leee_harris and me. prospect.org/economy/2024-0…
Brilliant as always @FGossGraves #CareCantWait
Exciting to join a chorus of care champions today to say care can’t wait. To say child care is essential. To say invest in paid leave. To say elder care and disability care is critical. To say pay care workers a dignity wage. #TheCareEconomy
So much appreciation for the care champion in chief. #thecareeconomy #carecantwait @POTUS
For so long care workers have been unseen and undervalued. Today's proclamation from @POTUS @WhiteHouse is such an important part of turning the tide. Seen. Valued. This is one step in the larger fight for fair compensation and meeting care needs across the U.S. #carecantwait
Coming to you from Norcross, Georgia: @SecYellen tours the Suniva solar cell plant, which closed in 2017 and is reopening this spring thanks to @POTUS Inflation Reduction Act.
please please let this be the basis of a new Britbox murder mystery series
Teamwork is dreamwork! Esp w such an awesome team. In fact, what the heck…take the rest of the day off. (Unless I need something…)
Presenting the 2024 Economic Report of the President from @econjared46 and the @WhiteHouseCEA!
Biden Admin wins just keep piling up--#EconTwitter's loss is the country's gain. Nobody's better at separating signal from the noise from the economic data and telling the story. And always good to see genuinely nice people like Mike helping run the country.
I'm honored to join the National Economic Council and get to work with this great team. And I'm excited to help continue building this strong, broad-based, dynamic economic recovery.
Congrats to @Sunnysmalhotra on his recent promotion to SENIOR Research Associate! Sunny has been an invaluable addition to the @rooseveltinst team, and is, among other things, the master tracker of industrial policy trackers. rooseveltinstitute.org/2023/10/10/tra…
We are so, so thrilled to welcome Mike to NEC.
I'm honored to join the National Economic Council and get to work with this great team. And I'm excited to help continue building this strong, broad-based, dynamic economic recovery.
adding Mike is like picking up an ace at the trade deadline for a playoff run. incredible get for us
I'm honored to join the National Economic Council and get to work with this great team. And I'm excited to help continue building this strong, broad-based, dynamic economic recovery.