Our most recent book is titled Divided We Stand: The 2020 Elections and American Politics. Among other things, it discusses the politics of economic policy. Objective indicators are doing great. Perceptions may be catching up.
JUST IN: A strong jobs report. The US economy added 254,000 jobs in September. That’s way above expectations and a nice bounce from 159,000 in August. (Both July & August revised up)
Unemployment rate: 4.1%. (Down from 4.2% in August)
Wages: +4% in past year (vs. 2.5%… pic.twitter.com/lKiH8SWQSi
This level of annualized employment growth would historically be associated with a ~2% national win for the incumbent party (a small improvement for Harris, as last months data would have suggested a 1.8% incumbent win) https://t.co/iuk38gOKw8 pic.twitter.com/4NUx39fCnn
BREAKING: The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a deal to suspend their strike until Jan. 15 to provide time to negotiate a new contract, a person briefed on the matter says. https://t.co/evnfIJsyJW
— The Associated Press (@AP) October 3, 2024
