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COVID-19 recession

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In the Media

Stevenson insists not to be afraid of inflation

Jul 29, 2021 Marketplace
With inflation running higher than it ever has in a decade, some Americans are worried about the effects it could have on the economy. But Betsey Stevenson, professor of public policy and economics, says not to worry. "People think that inflation...
Betsey Stevenson
In the Media

Stevenson explains boom in low-wage labor demand

Jul 20, 2021 The New York Times
As the economy recovers from the COVID-19 pandemic, demand for low-wage labor has spiked, and along with it, wages. Betsey Stevenson, professor of public policy and economics, laid out exactly what is happening in the economy. “What’s happening...
Betsey Stevenson
News

Stevenson marks the 'Age of (Re)Discovery'

Jul 11, 2021
As economists realize that the world has entered a new economic era, Foreign Policy asked 13 economists to name and identify this new era. Among them was Betsey Stevenson, Ford School professor of public policy and economics. She named the new era...
Betsey Stevenson
In the Media

Pandemic has changed employer perceptions, says Stevenson

Jul 8, 2021 Marketplace
Since the pandemic forced many workers to take an employment break, Betsey Stevenson, professor of public policy and economics, says that employers may have more understanding when it comes to gaps in resumes and the benefits of workplace...
Betsey Stevenson
News

Applying academic skills to real-world business challenges

Jun 29, 2021
Small businesses in Detroit, as across the country, have had to make major adjustments to survive the COVID-19 pandemic economic downturn. A cadre of students from U-M have been able to work with many of these businesses through an internship...
DNEP Detroit Business
News

Stevenson addresses child care in Senate committee testimony

Jun 24, 2021
The importance of access to child care in the economic recovery was emphasized by Ford School economics professor Betsey Stevenson in testimony before the U.S. Senate Banking, Housing, and Urban Affairs on Wednesday, June 23. "The choices you...
Stevenson Senate Banking
In the Media

Wolfers debunks labor shortage with Don Lemon

Jun 22, 2021 CNN's Don Lemon Tonight
Justin Wolfers, professor of public policy and economics, sat down on CNN's Don Lemon Tonight to discuss the labor shortage that most believe the U.S. is currently experiencing. Wolfers had a different opinion. "I want to be careful about calling...
Justin Wolfers
News

Stevenson considers how COVID-19 pandemic has changed daily lives

Jun 21, 2021
With COVID-19 restrictions being lifted across the country, what does the "other side" of the pandemic look like? Many realize that everything will not revert to pre-pandemic "normal." Betsey Stevenson, professor of public policy and economics, has...
Betsey Stevenson
News

Shaefer fields continuing media interest in COVID stimulus study

Jun 10, 2021
Following the release of his study crunching numbers from the U.S Census Bureau's Household Pulse Data, Luke Shaefer, the Hermann and Amalie Kohn Professor of Social Justice and Social Policy, associate dean for research and policy engagement, and...
H. Luke Shaefer
In the Media

Stevenson highlights 'returnships' for mothers

Jun 1, 2021 CNN Business
The pandemic has forced many working mothers to leave the workforce and instead care for their children at home. The issue as the world opens back up: how can those women return to the workforce. "Returnships", or programs that offer training,...
Betsey Stevenson
In the Media

Stevenson comments on childcare

May 27, 2021 Bloomberg Radio
The pandemic has brought to light the struggle that many working moms go through, prompting consideration of how to alleviate some of those struggles. Betsey Stevenson, professor of public policy and economics, explained to Bloomberg Radio how the...
Betsey Stevenson
News

COVID-19 and unemployment's affects on future health - Burgard

May 25, 2021
In a recent opinion piece published in The Conversation, co-authored with with Jennie Brand, Sarah Burgard, professor of sociology, public policy and epidemiology, called attention to the long-term health effects of COVID-19 — but not just effects...
Sarah Burgard
In the Media

Cooney answers question of where Michigan workers have gone

May 11, 2021 Detroit Free Press
Businesses and companies need more workers right now, but they can't find them. Patrick Cooney, assistant director of economic mobility at U-M Poverty Solutions, attributed most of the gap between supply and demand of labor to public health. "Our...
Pat Cooney headshot
News

Stevenson comments widely on COVID-19 recovery, minimum wage

May 10, 2021
Ford School economics professor Betsey Stevenson has been commenting on the debate about raising the minimum wage and the contours of the COVID-19 recovery. When the April jobs report was released, with significantly fewer jobs created than were...
Betsey Stevenson
In the Media

Wolfers provides analysis, expectations for post-pandemic economy

Apr 22, 2021 NBC News
“Much of the gain of economic growth over recent decades has gone to capital rather than labor, and to the highly paid, rather than a broader group of workers,” Wolfers said. “A strong economy — and worker shortages — could help rebalance somewhat,...
Justin Wolfers
In the Media

Stevenson discusses drop in labor force participation amongst women

Apr 15, 2021 DPTV
As part of a Detroit Public TV special segment on the brutal economic effect of the COVID-19 recession on women, Betsey Stevenson discusses the precipitous drop in female labor force participation over the last year — a shocking 57% drop, to the...
Betsey Stevenson
In the Media

Cooney and Shaefer: Pandemic shows government matters

Apr 4, 2021 Bridge Michigan
Patrick Cooney and Luke Shaefer write an opinion for Bridge Michigan. "While a lot of people are hurting right now, we have also found the data tell a pretty simple story: when government acts to buffer families by stabilizing their finances,...
H. Luke Shaefer and Patrick Cooney
News

Panel explores disproportionate impact of pandemic on women

Mar 30, 2021
In recognition of Women’s History Month, and one year since the World Health Organization declared COVID-19 a pandemic, University of Michigan faculty have shared diverse insights and expertise on how the pandemic has disproportionately impacted...
Pandemic Women's Panel
In the Media

Stevenson: Pandemic raises questions about inequality

Mar 21, 2021 Bloomberg News
“We’re going to get some gains coming out of this pandemic, but we want to make sure that those gains are more evenly shared, and that we’re supporting workers at the bottom and not just workers at the top," said Betsey Stevenson, also noting the...
Betsey Stevenson
In the Media

Barr discusses "The COVID Economy" in podcast

Feb 28, 2021 Burn Bag
Barr discuss the challenges of rebuilding the global economy post-COVID-19, attracting foreign direct investment to the United States, the Robinhood debacle and securities regulation, repeating mistakes from the 2007/08 financial crisis, the risks...
Michael Barr in Weill Hall, masked for COVID-19