Martha Gimbel Profile Banner
Martha Gimbel Profile
Martha Gimbel

@marthagimbel

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Following
1,334
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Executive director @the_budget_lab , former @whitehousecea , @indeed , @jecdems , @USDOL , among others. Personal opinions.

Joined January 2016
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@marthagimbel
Martha Gimbel
4 years
Update: I am very excited to be working as a Senior Adviser at the Council of Economic Advisers
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@marthagimbel
Martha Gimbel
6 years
The Economic Report of the President has revealed that the quality of interns at CEA is much better than it was when I was there....we never got cool ones like Steve Rogers, Bruce Wayne, Peter Parker, Aunt May, and John Cleese
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@marthagimbel
Martha Gimbel
5 years
I just want to state for the record that in my college corporate finance class I was docked class participation points for saying that it was possible to have negative interest rates and yes I am the kind of student who 10 years later wants my points back
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@marthagimbel
Martha Gimbel
4 years
Whatever your policy views/differences, I have never understood the Elizabeth Warren is “unlikable” narrative. Every time she talks I just want to go get drinks with her and debate policy until 2am
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@marthagimbel
Martha Gimbel
3 years
My husband just won a Tony award and I am so fucking proud of him
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@marthagimbel
Martha Gimbel
4 months
Autocrat math
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@marthagimbel
Martha Gimbel
4 years
I am signing off before I say anything out of anger, sadness, and fear I can't take back. Millions are barreling towards long-term unemployment. There are things we can do about this, both to stop it and ameliorate it. This. Does. Not. Have. To. Happen.
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@marthagimbel
Martha Gimbel
5 years
I am deeply concerned that all this social distancing will finally cause my ex to realize that I am still using his HBOGo subscription
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@marthagimbel
Martha Gimbel
4 years
Economics grad students! Aspiring research assistants! Reminder that the Council of Economic Advisers hires junior staff on the academic year schedule - you can apply by emailing recruiting @cea .eop.gov. Resume/writing sample/code sample would be great.
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@marthagimbel
Martha Gimbel
4 years
Today I got to marry @LeemourSeymour just the two of us and can neither confirm nor deny that I sobbed hysterically during the entire ceremony
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@marthagimbel
Martha Gimbel
4 years
I still maintain the most important policy question right now is which "error" would you rather make: someone who doesn't "need" money gets it, or someone who desperately needs it gets the money they need
@JStein_WaPo
Jeff Stein
4 years
Post tonight from Georgia on r/unemployment
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@marthagimbel
Martha Gimbel
4 years
I am so sorry, but I am going to make all of you look at a brief selection of wedding photos
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@marthagimbel
Martha Gimbel
4 years
The economists have been incredibly clear on this: the shutdowns aren't killing the economy, the virus is
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@marthagimbel
Martha Gimbel
4 years
What my husband considers to be a reasonable number of Girl Scout cookies for two people
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@marthagimbel
Martha Gimbel
5 years
DOES THIS MEAN INFRASTRUCTURE WEEK IS DEAD
@rollcall
Roll Call
5 years
White House is threatening to shut down all major legislation after House Democrats announced an impeachment inquiry
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@marthagimbel
Martha Gimbel
4 years
I am so incredibly excited that @gbenga_ajilore is going to be a Senior Advisor at @USDA ! This is amazing news for USDA, for rural communities, and for Gbenga Fans (aka me) 1/
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@marthagimbel
Martha Gimbel
4 years
This is a bad number, and is way too low. We have a problem.
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@marthagimbel
Martha Gimbel
8 months
I am calling for a total and complete shutdown of the 60 percent statistic until our country’s representatives understand economic data
@deanbphillips
Dean Phillips
8 months
Kudos to the Biden Administration for strong macro economic growth. I’ll focus on ensuring more of that growth accrues to the 60% of Americans living paycheck to paycheck and 40% with < $400 in the bank. ➡️American Dream Accounts, Nat’l Health Insurance, Debt Free Education,
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@marthagimbel
Martha Gimbel
6 months
So excited to announce that @natasharsarin and @dannyyagan and I are launching @the_budget_lab at Yale Law School. Budget scoring is an incredibly important part of the policy process and our hope is to bring a new perspective, with a focus on innovation and transparency. 1/
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@marthagimbel
Martha Gimbel
3 years
This is what my sister gave Cappy for Christmas
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@marthagimbel
Martha Gimbel
3 years
Tony nominee and date
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@marthagimbel
Martha Gimbel
5 years
So I've been trying to come up with a sassy joke about household formation, but in conclusion, @LeemourSeymour and I are engaged.
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@marthagimbel
Martha Gimbel
5 years
@Nicole_Cliffe My 4 yr old sister was worried about divorce(friends’ parents were divorcing): my mom tried the “we love each other” thing to no avail, so she opened up the cabinets & said “do you see all this?If we got divorced we would have to clean and deal with it” & my sister went “ok cool”
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@marthagimbel
Martha Gimbel
8 months
The labor market finds your lack of faith disturbing
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@marthagimbel
Martha Gimbel
5 years
@Nicole_Cliffe My mother once left my three year old sister alone in a hotel room for 30 seconds and came back to her calmly saying into the phone “Chocolate syrup please!”
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@marthagimbel
Martha Gimbel
6 years
Today the long-term unemployed are 21% of the unemployed. In 1969 (the last time the unemployment rate was at 3.7%), they were 4.7% of the unemployed. Another reminder that the unemployment rate is really not telling us everything about the labor market right now.
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@marthagimbel
Martha Gimbel
2 years
A brief jobs day announcement: today is my last day @WhiteHouseCEA 1/
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@marthagimbel
Martha Gimbel
7 months
Fun fact: soon after we started at the WH @ernietedeschi and I had to sit the comms team down and go “so there’s this thing called the chief neoliberal shill and sometimes it gets very heated on twitter but just a heads up” and I’ve never gotten so many blank stares in my life
@CNLiberalism
New Liberals 🌐🇺🇦
7 months
(8) Former campaign finance hack @Blake_Allen13 vs. (9) Research Scholar at Yale Law School @marthagimbel
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@marthagimbel
Martha Gimbel
1 year
"Employment in food services and drinking places rose by 61,000 over the month and has returned to its pre-pandemic February 2020 level." Congrats everyone, we did the hard work of going out to eat and it paid off
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@marthagimbel
Martha Gimbel
10 months
Average job growth in 2019 was 163,000, a fact I plan on repeating ad nauseum for the next few months (last 12 months was 243,000)
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@marthagimbel
Martha Gimbel
4 years
(Before you all ask, yes I asked if the Biden CEA account could tweet Fire Elmos. The consummate comms professionals are so far unmoved by my plea)
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@marthagimbel
Martha Gimbel
4 years
The number of conclusions economists have come to incorrectly this year partly because they don't understand selection in private-sector datasets is...baffling
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@marthagimbel
Martha Gimbel
4 years
Given the millions of people who filed for unemployment insurance AGAIN this week, a quick thread on work disincentives 1/
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@marthagimbel
Martha Gimbel
2 months
Hi, markets expert here! This is not funny, markets only do this when they’re in extreme distress.
@TheStalwart
Joe Weisenthal
2 months
Markets now pricing in a 16% chance of 75 bps worth of cuts by the September meeting
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@marthagimbel
Martha Gimbel
4 years
Honestly I might as well hand in my notice now, nothing will ever top this
@RepDonBeyer
Rep. Don Beyer
4 years
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@marthagimbel
Martha Gimbel
4 years
Everyone likes to debate whether or not macro should be a required course for econ grad students, but no one is engaging with the real issue, which is a course on making graphs that make sense to laypeople
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@marthagimbel
Martha Gimbel
4 years
We are so willing in this country to cause suffering for millions because a few people might get more money than is "optimal". That is insane. It is simply insane. 9/
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@marthagimbel
Martha Gimbel
4 years
If one more person who has not focused on unemployment insurance before this crisis says that it isn’t a big deal to replace the $600 with a % of earnings, I will not be held responsible for my actions
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@marthagimbel
Martha Gimbel
1 year
I don't think there is any labor market stat that people misunderstand more than multiple jobholding
@crampell
Catherine Rampell
1 year
Lots of people asserting that the job growth is just people taking on 2nd or 3rd jobs. Doesn't seem to be the case. Multiple job holders as a share of total employed is around 5%, about where it was pre-pandemic.
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@marthagimbel
Martha Gimbel
4 years
Earlier today I was in an article about the black-white unemployment gap saying "I can't believe I have to say this but it's not skills" and immediately got a ton of incoming from people saying "but but but" and I would just like to reiterate my previous statement
@_Melissa_Young
melissa young (she/her)
4 years
New @BrennanCenter report: “A white person with a criminal conviction earns more annually than a Black person who has never been convicted of a crime.” @RobinHoodNYC
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@marthagimbel
Martha Gimbel
4 years
WHO WILL BRING ME THIS PUMPKIN (Ht @juliaonjobs )
elmo pumpkin for 2020
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@marthagimbel
Martha Gimbel
2 months
When you have a newborn everything feels very surreal...which is just to say that this is a very weird week to have welcomed a new human into the world
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@marthagimbel
Martha Gimbel
4 years
*whispers* apologies to everyone who followed me not realizing that this entirely a labor market graphs/Fire Elmo account
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@marthagimbel
Martha Gimbel
4 years
One does hate to dunk on people who didn't read the whole assignment, but the text that you cut off at the end of this section says that in the second half of 2020 the $600 would stimulate the economy
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@marthagimbel
Martha Gimbel
4 years
I lied when I said I was staying off Twitter until the election was decided and I lied an hour ago when I said I was going to bed
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@marthagimbel
Martha Gimbel
3 years
Stop dragging Excel into this you fiends
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@marthagimbel
Martha Gimbel
4 years
Two weeks ago I said to Lee “oooo you know what we should do on Jan 1?” And he immediately responded “I am not spending New Year’s Day prepping tax return materials Martha”
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@marthagimbel
Martha Gimbel
6 years
Has anyone tried turning the universe off, waiting 30 seconds, and turning it back on again?
@paulwsj
Paul Beckett
6 years
WSJ SCOOP: The FBI is conducting a criminal investigation of a company with ties to acting Attorney General Matthew Whitaker (who will now oversee the FBI) via @WSJ
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@marthagimbel
Martha Gimbel
3 years
Someday I will finally memorize the state fips codes and my productivity will increase 1000% but today is not that day
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@marthagimbel
Martha Gimbel
4 years
Economists have spent a lot of time debating the exact right way to structure stimulus packages right now. We have spent almost no time on the most important part of any stimulus package: ability to actually deliver the money to people.
@JStein_WaPo
Jeff Stein
4 years
Complete strangers cheering each other on for getting unemployment benefits after months of delay
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@marthagimbel
Martha Gimbel
6 years
@econwonk I mean honestly, since I keep telling @CardiffGarcia that my team is the Avengers of labor market data I'm a bit annoyed that Steve Rogers jumped ship without telling me
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@marthagimbel
Martha Gimbel
3 years
Today Cappy signaled that she wanted to go for a walk by jumping up on the kitchen counter, grabbing a mask, and bringing it to me. A true pandemic puppy.
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@marthagimbel
Martha Gimbel
4 years
Hello! As some of you know, Lee and I got in a car accident on Thursday. (Car is totaled, we are alive). Anyway, if I'm slow to respond right now, it is because I am lying in a dark room and silently cursing Henry Ford. (I'm sure buggies never crashed into each other)
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@marthagimbel
Martha Gimbel
4 years
Me and Ernie about to go make a bunch of economics charts
@ernietedeschi
Ernie Tedeschi
4 years
Speaking of jobs day, some professional news. Beginning March 15, I'll be joining @WhiteHouseCEA as a Senior Policy Economist. I am thrilled, humbled, & privileged to get to work with @CeciliaERouse , @hboushey46 , @econjared46 , @marthagimbel , and so many other brilliant people.
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@marthagimbel
Martha Gimbel
4 years
The unemployment rate for those with a college degree is currently 5.3%. This is higher than the peak during the Great Recession of 5%. Compare to those with less than a high school degree (at 12.6%). During the Great Recession it hit 15.8%...and was still at 12.6% in 2012.
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@marthagimbel
Martha Gimbel
3 years
Thoughts and prayers to the EconTwitter and economics reporter community at this difficult time (and obviously huge congrats and excitement for @JedKolko on his nomination!)
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@marthagimbel
Martha Gimbel
3 years
Lee just came into my office (at 935am, when it is safe to speak to me again) and went "Martha! The jobs numbers! But also the revisions!!!" He is officially one of us.
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@marthagimbel
Martha Gimbel
4 years
I just want to point out that the universal response of UI experts seems to be “we don’t know what the fuck is going on” which is not necessarily the best beginning
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@marthagimbel
Martha Gimbel
4 years
@samsanders Anxiety Pancake which tbh is a great horse name
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@marthagimbel
Martha Gimbel
3 years
In case anyone was wondering what working @WhiteHouseCEA is like, @ernietedeschi and I are currently humming songs from Chicago at each other
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@marthagimbel
Martha Gimbel
5 years
Anytime any academic economist makes a comment about how something makes sense and has broad support and so shouldn’t be too difficult to pass legislatively I just kind of sigh and want to pat them softly and offer cookies
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@marthagimbel
Martha Gimbel
2 years
Since it’s the time of year when many @WhiteHouseCEA staff turnover, and I’m still processing people’s departures, here is a thread on some of the amazing junior staff who recently did a tour at @WhiteHouseCEA :
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@marthagimbel
Martha Gimbel
3 years
My phone just autocorrected “life” to “office”
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@marthagimbel
Martha Gimbel
5 years
Increase in UI claims officially faster than it was during the depths of the Great Recession
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@marthagimbel
Martha Gimbel
5 years
We truly do not appreciate enough everything @BLS_gov does for us
@BLS_gov
BLS-Labor Statistics
5 years
Finding a place to eat on National Taco Day #NationalTacoDay #BLSdata
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@marthagimbel
Martha Gimbel
6 years
I choose not to invest my money with people who don’t understand statistics
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@marthagimbel
Martha Gimbel
5 years
This is terrifying from an economic perspective and also a reminder that in many ways we’re reliant on data from companies right now to find out what’s happening in the economy
@JakeVigdor
Jake Vigdor
5 years
Data from @OpenTable on restaurant demand in Seattle. Stunning trend break the day the first #covid_19 death was announced. We held steady around -30% for about a week. It's all downhill since.
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@marthagimbel
Martha Gimbel
4 years
Any time anyone tries to claim robots are coming to take our jobs I ask them how well their printer works and that usually ends the conversation
@annehelen
Anne Helen Petersen
4 years
after years of stubbornly holding out, i might be ready to admit that we need a alsdjfa;sdlkjf;aldkj PRINTER IN THE HOME please tell me the one that will cause the least annoyance in my life. no it does not to be "good" or "high quality" it just needs to not break w/in 9 months
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@marthagimbel
Martha Gimbel
5 years
Very excited to start my first day as Manager of Economic Research @SchmidtFutures !
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@marthagimbel
Martha Gimbel
10 months
I often feel like who am I to be sending out tweets/putting out graphs about economic data? I get things wrong all the time! And then I see what other people feel extremely confident saying with as far as I can tell no understanding whatsoever and I return to my graphs
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@marthagimbel
Martha Gimbel
4 months
1) this is not great 2) this is what happens when you don’t fund the statistical agencies
@markets
Bloomberg Markets
4 months
The Bureau of Labor Statistics is reducing the sample size of the household survey in the monthly jobs report due to budget constraints.
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@marthagimbel
Martha Gimbel
4 years
Since she is too modest to tweet: I am also incredibly excited that @SaharraGriffin has joined the front office at @WhiteHouseCEA
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@marthagimbel
Martha Gimbel
4 years
Come on Google, we both know that when I type “SEC” I am not looking for anything to do with football it’s like you don’t know me at all
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@marthagimbel
Martha Gimbel
5 years
This feels like a good morning to say that when I was at CEA, our chief of staff had to run by White House Counsel whether or not my working at a spin studio in return for spin classes was an ethics violation.
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@marthagimbel
Martha Gimbel
3 years
Happy Jobs Day from Cappy who thanks everyone @BLS_gov for their hard work trying to figure out data in a pandemic
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@marthagimbel
Martha Gimbel
4 years
I (like everyone else) am so excited that @janellecj @AngelaHanks @rdnayak @awh @JesseLawder @meeshrose130 are joining Department of Labor leadership!
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@marthagimbel
Martha Gimbel
6 years
@EmilyG_DC @LipstickEcon @gregleiserson OH MY GOD I ABSOLUTELY DID NOT CATCH THAT THAT WAS WHO JT HUTT WAS
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@marthagimbel
Martha Gimbel
3 years
Merry Christmas!
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@marthagimbel
Martha Gimbel
4 years
I am so excited that @EvermoreMichele is joining the Department of Labor - the entire unemployment insurance policy community would not have been able to get throw this past year without her and tbh the idea of having to do anything on UI without her in the room gives me hives
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@marthagimbel
Martha Gimbel
3 years
Come for the graphs, stay for the Econ Twitter appendix
@WhiteHouseCEA
Council of Economic Advisers
3 years
Appendix for twitter: often people look at the percentage point change in the employment-population ratio. Using that measure, men and women's drop in employment during the pandemic has looked somewhat similar.
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@marthagimbel
Martha Gimbel
3 years
Giving that this is CEA's last tweet thread of the year, I just want to say how much I have loved working with the CEA staff over the last year. It's an amazing group of smart, dedicated, and incredibly kind people and I feel incredibly lucky.
@WhiteHouseCEA
Council of Economic Advisers
3 years
Personal income rose by 0.4 percent in November, reflecting solid growth in compensation. 1/
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@marthagimbel
Martha Gimbel
6 years
As the government shutdown drags on, Federal workers who aren't getting paid are increasingly looking for work. And it looks like even workers at some funded agencies are starting to consider their future in government. 1/
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@marthagimbel
Martha Gimbel
4 years
Apple, it has not even been 24 hours, calm down
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@marthagimbel
Martha Gimbel
5 years
@Nicole_Cliffe Refusing to be soothed with expressions of emotion and only being calmed by a clear expression of process barriers is VERY on brand for my family
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@marthagimbel
Martha Gimbel
4 years
My favorite thing is introducing a new person to how insane the unemployment insurance system actually is in practice and watching them become One of Us
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@marthagimbel
Martha Gimbel
5 years
Reminder that according to @BLS_gov , less than 30% of workers are able to work from home
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@marthagimbel
Martha Gimbel
2 months
Could someone please leak the VP pick, some of us have to feed a baby at 4am
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@marthagimbel
Martha Gimbel
1 year
Lee just came into my office and goes “so the numbers are good…which is great…but does that mean everyone’s going to be mad and freak out? I hate economics” and walked out again
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@marthagimbel
Martha Gimbel
3 years
Please meet Cappy
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@marthagimbel
Martha Gimbel
2 years
A farewell thread re: the @WhiteHouseCEA junior staff who are the absolute best and you should follow all of them (except for the ones who are too smart to be on twitter): 1/
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@marthagimbel
Martha Gimbel
3 years
The outside of @ernietedeschi and my office yesterday
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@marthagimbel
Martha Gimbel
4 years
“Children cannot smooth their eating over the year,” Ms. Ananat said. “Families that do not have access to credit cannot smooth their food, their electricity, any of their necessities.”
@bencasselman
Ben Casselman
4 years
The $600 a week in extra unemployment benefits ran out in July. Congress and the president can’t agree on how to replace them. For many Americans, it may already be too late to prevent lasting financial harm. With @gillianreporter
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@marthagimbel
Martha Gimbel
4 years
BLS it is a Saturday night and the people want to party, why are your servers down
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@marthagimbel
Martha Gimbel
4 years
I think we've crossed beyond Fire Elmo's powers, for the record
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@marthagimbel
Martha Gimbel
6 years
I just apologized for "micro-splaining" something to my macroeconomist friend, so #ASSA2019 is off to a great start
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@marthagimbel
Martha Gimbel
4 years
I am aware of the Gritty for Treasury Secretary tweet, thank you all
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@marthagimbel
Martha Gimbel
4 years
The savings rate was 14 perfect...seems like more fuel for @econjared theory that the average savings rate is being pulled up by higher-income people saving a LOT, not people able to save huge chunks of their UI benefits
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@marthagimbel
Martha Gimbel
3 years
Come be a junior staffer at CEA! I promise @ernietedeschi and I won’t sing showtunes at you all the time* *this is a lie, but I can promise awesome graphs
@WhiteHouseCEA
Council of Economic Advisers
3 years
The Council of Economic Advisers is hiring Staff Economists and Research Assistants for the upcoming year (starting in summer of 2022). Please visit our website to learn more or apply:
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@marthagimbel
Martha Gimbel
3 years
I just told my mother “many jobs, much wow” so officially time for me to take a walk around the block and lie down
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