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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
Factory Construction Down Again in April

Article Dean Baker’s Beat the Press

Factory Construction Down Again in April

April construction data show factory building continuing to decline, marking a sharp reversal from the historic manufacturing investment boom fueled by Biden-era legislation.

By Dean Baker

Two construction workers in safety gear measure with a tape along a metal beam at a work site, with heavy machinery in the background.
Fast-Food Going Down: What We Learned in the April Consumption Data

Article Dean Baker’s Beat the Press

Fast-Food Going Down: What We Learned in the April Consumption Data

April consumption data point to slowing consumer demand, declining fast-food spending, weaker tourism, and continued increases in drug spending despite Trump’s claims about lower pharmaceutical prices.

By Dean Baker