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Five Big Take Aways from the May Jobs Report

Article Dean Baker’s Beat the Press

Five Big Take Aways from the May Jobs Report

Five key takeaways from the May jobs report include stronger-than-expected job growth, slowing real wages, worker caution about changing jobs, and little evidence that AI is reducing employment.

By Dean Baker

Close-up of a newspaper's
Peru’s Run-Off Presidential Election: What You Need to Know

Article

Peru’s Run-Off Presidential Election: What You Need to Know

Peruvians will head to the polls on June 7 for a high-stakes presidential runoff between far-right candidate Keiko Fujimori and left-wing candidate Roberto Sánchez. With polls showing a tight race, concerns over electoral integrity, and memories of years of political instability still fresh, the vote could have significant implications for Peru’s political future.

By CEPR

Indigenous women prepare to cast their vote during the presidential election at a polling station in Capachica, province of Puno, Peru, on April 12, 2026. Peruvians will elect a new president from a record field of 35 candidates to lead a country plagued by organized crime and chronic political instability. (Photo by Juan Carlos CISNEROS / AFP via Getty Images)
US Escalation in the Caribbean and Latin America – Live Updates

Article

US Escalation in the Caribbean and Latin America – Live Updates

As the Trump administration intervenes more directly in hemispheric affairs, CEPR will be closely following developments throughout Latin America and the Caribbean — and here in Washington. To help keep track of it all, we will be posting regular updates on this page, pointing readers toward the most interesting and relevant news and analyses.

The US Navy warship USS Sampson (DDG 102) docks at the Amador International Cruise Terminal in Panama City on August 30, 2025. The United States sent three warships to the region amid escalating tensions with Venezuela, which deployed warships and drones to patrol the country's coastline on August 26, 2025. On the night of August 29, another US missile destroyer, the USS Lake Erie, entered the Panama Canal from the Pacific Ocean heading for the Caribbean. (Photo by Martin BERNETTI / AFP) (Photo by MARTIN BERNETTI/AFP via Getty Images)
May 2026 Jobs Preview: What to Expect

Article Data Bytes

May 2026 Jobs Preview: What to Expect

The overall labor market story is somewhat positive; however, if wage growth continues to lag inflation, consumer demand will not be able to sustain growth going forward.

By Dean Baker

A magnifying glass focuses on the word Jobs in a newspapers employment section. The background shows a part of a keyboard and blurred text.