Stevenson - Price shocks from Iran war will hit single moms first | Gerald R. Ford School of Public Policy
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Stevenson - Price shocks from Iran war will hit single moms first

March 16, 2026 Forbes
Screenshot of the livestream of Betsey Stevenson testifying in-person before the U.S. Senate Committee on Banking, Housing, and Urban Affairs
Stevenson testified in-person before the U.S. Senate Committee on Banking, Housing, and Urban Affairs on March 22, 2022.

"Single mothers often have the least financial cushion to absorb price shocks," said Betsey Stevenson, an economist at the University of Michigan and former chief economist at the U.S. Department of Labor. "When inflation rises because of global events like energy disruptions, households that are already stretched are the ones forced to make the hardest tradeoffs."

Betsey Stevenson

Faculty Expert

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.

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