Gbenga Ajilore

@gbenga-ajilore.bsky.social

Professional economist, amateur bassoonist, and 26x half-marathon runner.

@brendanvduke.bsky.socialReposted by @gbenga-ajilore.bsky.social

We just got our fiscal report card back for FY2026 from @USCBO and it's not good. We estimate the U.S. brought in 16.7% of GDP in revenue and spent 19.4% of GDP on programs — producing a non-interest deficit of 2.6% of GDP. Net interest came in at a record high 3.5% of GDP. 🧵

@krisycox.bsky.socialReposted by @gbenga-ajilore.bsky.social

During Latinx Heritage Month, we celebrate the rich history, culture, & contributions of Latinx and Hispanic communities. We also recognize that policymakers should take action to provide these communities w/ tangible support. One clear policy step: Expand the Child Tax Credit.

@19thnews.orgReposted by @gbenga-ajilore.bsky.social

When Trump empowered the Department of Government Efficiency to gut the federal workforce, thousands of Black women lost their jobs. It also gutted the well-being of the Black women who hold up the majority-black D.C. community. https://bit.ly/4hxqrv3

@econspeakers.bsky.socialReposted by @gbenga-ajilore.bsky.social

Record-high diesel prices, sparked by Trump's war, aren't just squeezing truckers at the pump.

They're raising your grocery bills, too.

@gbenga-ajilore.bksy.social breaks down how fuel costs get passed through the supply chain, from the farm to your fridge, on @wcpo9news.bsky.social.

@lilyroberts.bsky.socialReposted by @gbenga-ajilore.bsky.social

Made my WSJ debut calling for more guardrails on Trump Accounts. Treasury says kids will be auto-enrolled (great!), but will still have to claim the money (bad!), and they're overruling Congress's intent by allowing contributions of individual stocks (bad AND weird!). www.wsj.com/politics/pol...

@itsafronomics.blacksky.appReposted by @gbenga-ajilore.bsky.social

A new IWPR report confirms that college-educated Black women are more likely to lead in government than in companies.

Which is why the DOGE cuts that slashed federal jobs have been particularly devastating for college-educated Black women. #blacksky

Figure 3. College-Educated Black Women Are More Likely to Be Hired for Management Positions in the Public Sector than the Private Sector All women and Black women (bachelor's degree or higher) as a share of total managers in the public and private sectors, 2024 PublicPrivate 5.0% 15.0% 25.0% 35.0% Women's share of all managers 41.3% 24.3% Black women as a share of all college-educated women 15.9% 10.8% Black women as a share of women managers 19.8% 9.2% Black women as a share of all managers 8.2% 2.2% Get the dataDownload image Source: Author's analysis of Current Population Survey microdata, EPI Current Population Survey Extracts, Version 2026.7.8, https://microdata.epi.org Note: Race and ethnicity are mutually exclusive; Black women are all non-Hispanic.
@gbenga-ajilore.bsky.social

Taken altogether, this is an okay reading for the labor market, but in the broader context below-inflation wage growth is sign why affordability is a continuing concern, particularly given the administration’s harmful cuts to SNAP and health care access. (/end)

@gbenga-ajilore.bsky.social

One general concern in the labor market is the possible impact of AI on youth employment. The unemployment rate for college educated youth between the ages of 20 and 24 has been rising for past few months. (5/7)

@gbenga-ajilore.bsky.social

The Black unemployment rate jumped a full percentage point this month. Participation rose, but the job finding rate did not rise to the same extent leading to the rise in unemployment. (3/7)

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