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Betsey Stevenson

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In the Media

Stevenson worries about shrinking labor force

Dec 4, 2020 The Wall Street Journal
“If we don’t get all the workers back, we can never have a V-shaped recovery,” said Stevenson. “Everybody should be worried about making sure that we don’t leave workers...
News

Harris joins Ford School colleagues on Biden-Harris transition

Nov 20, 2020
Ford School professor of practice and Towsley Foundation Policymaker in Residence Adrienne Harris has been named to a Biden-Harris transition Agency Review Team, focusing on the Federal Reserve, Banking and Securities Regulators group includes the...
In the Media

Stevenson explains why pandemic is forcing women out of workforce

Oct 23, 2020 The New Yorker
"The pandemic has impacted women differently from men in multiple ways. At the beginning, we really had a gendered shutdown, and that was because many of the industries that laid people off were industries where women were the majority of...
In the Media

Stevenson highlights the pandemic's disproportionate toll on moms

Oct 16, 2020 New York Times
“The drop in female labor-force participation was quite dismal and not surprising with the return back to school not happening,” said Betsey Stevenson. Read the full New York Times article on school re-openings in the pandemic...
In the Media

Stevenson on the untapped potential of the labor force

Oct 12, 2020 Bloomberg
"I think there’s actually a lot of room for us to do things better, faster, cheaper. That’s where our growth comes from and I’m always an optimist that we can do it," said Stevenson. "I also think that we have a lot of untapped potential in people....
In the Media

Stevenson highlights COVID recession's stark impacts on Gen Z

Oct 2, 2020 Bloomberg Special Report
"What really matters is how long the recession lasts... I think there is already some damage to young people that is going to take them a decade to reverse," said Ford School economist Betsey Stevenson. "So, I think of that already as some permanent...
In the Media

Stevenson: Women's employment has fallen off a pandemic cliff

Sep 15, 2020 NPR Here and Now
“We had what you might even call a gendered shutdown. The kinds of industries that had to send people home, that shut down, disproportionately employed women," said Stevenson. "How long it takes women to recover is going to depend on the [childcare]...
In the Media

Stevenson testifies on the effects of fiscal relief inaction

Sep 11, 2020 Law 360
"One of the problems we've seen is that high-income households have really boosted their savings [with CARES Act funding]. And when you're saving, you're not spending and that's part of what's caused the economy to contract." Read the full Law...
News

Stevenson and Wolfers: "Think Like an Economist"

Aug 21, 2020
Betsey Stevenson and Justin Wolfers have launched a new podcast, called "Think Like an Economist." In a series of tweets on August 19, @JustinWolfers explained:   We’re calling it Think Like an Economist because we want to teach you to,...
News

Making sense of the complex unemployment numbers

Jul 10, 2020
On July 2nd, the Labor Department reported that 4.8 million jobs had been added, and unemployment stood at 11% - still higher than it was at the peak of the Great Recession in 2008 — with 17.8 million Americans still out of work. Ford School...
News

"Planet Money Summer School " features Stevenson and Wolfers

Jul 7, 2020
Planet Money, the irreverent and informative NPR podcast, is convening a Summer School starting on July 8, “turning it's podcast feed into a classroom for the masses, for anyone who wants to see the world through the lens of an economist.” Ford...