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Betsey Stevenson

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Core faculty

Betsey Stevenson

Professor of Public Policy and Economics
Stevenson is a labor economist who publishes widely about the labor market and the impact of public policies on outcomes both in the labor market and for families. Her research explores women's labor market experiences, the economic forces shaping the modern family, and how these experiences and forces influence each other. She served as the chief economist of the U.S. Department of Labor from 2010 to 2011, participating as the secretary's deputy to the White House economic team.

Podcasts

From A.I. to zero emissions Ford School faculty host and are featured in a variety of podcasts, covering policy topics from artificial intelligence, everyday economics, national security, and more.   My job has always been to demonstrate to...
News

Ford school faculty available to weigh in on 2024 elections

Jan 28, 2024
The University of Michigan has published an experts guide to the 2024 elections. Ford School faculty are available to offer insights on relevant issues impacting the elections, including the following:  Economics Betsey Stevenson, professor of...
State & Hill

Discourse: Fordies in the news, fall 2023

Dec 12, 2023
“Rather than a single terrorist attack, this was a complex operation that involved commando teams and rocket attacks against multiple targets. The fact that Israel appears to have lacked advance warning is surprising, given Israel’s excellence in...
State & Hill

Spotlights, fall 2023

Dec 10, 2023
What’s on the barbie? Economists Justin Wolfers and Betsey Stevenson were on the guest list as the White House hosted a State Dinner for Australia’s Prime Minister Anthony Albanese in October. Skills match More than fifty...
News

Lyft Welcomes Betsey Stevenson to Board of Directors

Nov 17, 2023
Today, Lyft announced that Ford School economics professor Betsey Stevenson has joined Lyft’s Board of Directors, effective November 16, 2023. She will also serve as a member of the Nominating and Corporate Governance Committee.  “Betsey is a...
News

Raimondo addresses labor market changes

Oct 24, 2023
U.S. Secretary of Commerce Gina Raimondo addressed labor market challenges in a conversation with Ford School economics professor Betsey Stevenson. She noted the vast number of people and agencies within the Department of Commerce –  nearly 47,000...
Publication

Stevenson predicts continued labor strife in an uncertain market

Sep 22, 2023
As the U.S. endures the UAW, Writers’ Guild, and Screen Actors strikes, among others, Ford School economics professor Betsey Stevenson says the country may endure more labor upheaval. Once the chief economist at the U.S. Department of Labor, she...
In the Media

Women's workforce participation encouraging - Stevenson

Sep 4, 2023 Marketplace
Betsey Stevenson, Marketplace: “Men’s labor force participation has been growing, but women’s has been growing by just a tiny bit more,” noted Betsey Stevenson, an economist at the University of Michigan. That’s been a happy surprise, she said,...
News

Stevenson lauds return of women in the workforce

Jul 30, 2023
Ford School economist Betsey Stevenson has noted that in January 2020, just before the COVID-19 pandemic shattered labor markets, women’s participation had been at its highest level ever. Now as the U.S. economy rebuilds, she again is commenting on...
News

Stevenson’s economic analysis in demand

Jul 3, 2023
Ford School economist Betsey Stevenson’s analysis of the volatile U.S. economy is in high demand.  When the June jobs numbers were released at the beginning of July, Stevenson was quoted in the Associated Press. AP reported, “Friday’s jobs...
News

Stevenson and Wolfers on “The Joy of Economics”

Jun 30, 2023
Ford School economics professors Betsey Stevenson and Justin Wolfers shared their “joyous” take on economics in a recent McKinsey Global Institute Forward Thinking podcast. Here are some excerpts from their wide-ranging discussion: Betsey...
News

Stevenson’s expertise on the debt ceiling and global economy

Jun 26, 2023
Ford School economics professor Betsey Stevenson is widely tapped for her comprehensive knowledge of the state of the U.S. economy. When the debt ceiling deal was reached between President Biden and the GOP in Congress, she told NPR that the...
News

Stevenson: Debt ceiling nonsense has long-term costs

Jun 5, 2023
Though the debt ceiling crisis was averted by a deal in Congress to raise the ceiling and cut some spending, Ford School economics professor Betsey Stevenson argues that there will be long-term costs for the U.S. economy. In a guest column in The...
State & Hill

Faculty News, spring 2023

May 3, 2023
Dominique Adams-Santos, Celeste Watkins-Hayes, and PhD candidate Kayonne Christy contributed a chapter, "Narratives in Context: Locating Racism and Sexism in Black Women's Health Experiences," to The Routledge Companion to...
State & Hill

Betsey Stevenson: Thinking like an economist

May 3, 2023
Betsey Stevenson uses the tools of her trade to empower people and improve lives By Daniel Rivkin An early March ice storm in Michigan caused widespread power outages and disruptions for hundreds of thousands of households. Families had to...
News

Stevenson discusses BLS jobs report, inflation

Apr 12, 2023
Last week, the Bureau of Labor Statistics released their monthly jobs report. Betsey Stevenson lent her expertise to numerous media outlets to break down what she saw. "This report is just about as good as it can be. It's slowing slightly, and...
In the Media

CHIPS Act needs to support childcare - Stevenson

Apr 12, 2023 CNN
Betsey Stevenson, CNN: "The policy is designed to make sure workers as well as companies benefit from this federal investment.  Another way to think about it is that we really need government involved in child...
News

Stevenson celebrated at public engagement awards ceremony

Apr 5, 2023
University of Michigan faculty members Betsey Stevenson and Lilia Cortina were awarded the 2022 presidential awards for public engagement at a ceremony on April 3, 2023. The awards recognize the recipients’ demonstrated commitment to public service,...
In the Media

Stevenson breaks down job growth across different sectors

Apr 4, 2023 CNBC
Betsey Stevenson, CNBC: "What we've been seeing is a massive reallocation of workers. First, we expanded how much stuff we were buying, so the goods sector just did remarkably well early on in the pandemic. And it was the service sector that got...
In the Media

Stevenson stresses importance of childcare to construction industry

Mar 25, 2023 States News Service
Betsey Stevenson, States News Service: "I think that the important takeaway is that women can be an important source of labor for the construction industry. While child care is important for women, it is equally important to note that construction...
In the Media

Stevenson analyzes Fed messaging

Mar 21, 2023 Bloomberg
Betsey Stevenson, Bloomberg: "I think sticking with 25 basis points is hopefully going to be sending the signal that they (the Federal Reserve) really do believe that the situation is stabilizing. That they don't need to veer from their planned...