economy | Gerald R. Ford School of Public Policy
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Stevenson weighs in on January jobs report

Feb 6, 2022
The January jobs report revealed strong employment gains, with 467,000 jobs added in January. Betsey Stevenson, professor of public policy and economics, analyzed the report for numerous media outlets. The jobgains occurred in the midst of a...
In the Media

Not all Americans included in economic recovery - Wolfers

Feb 6, 2022 Los Angeles Times
The latest jobs report reflects a strong, recovering economy. But, Justin Wolfers, professor of public policy and economics, explained that not all Americans are feeling the effects of recovery.  "A lot of people, particularly older people, have...
In the Media

Wileden discusses Detroit's unchanged unemployment rate

Feb 4, 2022 WXYZ Detroit
In a recent interview with WXYZ, Lydia Wileden, PhD candidate and research associate on the Detroit Metro Area Communities Study, answered questions about Detroit's unemployment rate, which has stayed at 20% over the last year.  "We do see that a...
News

Stevenson discusses the Great Resignation and inflation

Feb 1, 2022
Betsey Stevenson, professor of public policy and economics, recently talked to Al Jazeera about the Great Resignation – the phenomenon of millions of Americans voluntarily leaving their jobs. She explained what's going on behind the...
News

Stevenson predicts change in household division of labor

Jan 27, 2022
How do assumed roles in parenting affect the gender pay gap? Betsey Stevenson, professor of public policy and economics, told The Boston Globe that childcare often falls on the mother, impacting wages and compensation. “Women seem to be a little...
In the Media

Hausman discusses COVID-19 economy

Jan 24, 2022 CBS News
Two years after COVID-19 was discovered in the U.S., the country is still grappling with the virus and its effects. Joshua Hausman, associate professor of public policy and economics, discussed the impact of the virus on different...
News

Stevenson provides insight on COVID-19 economy

Jan 21, 2022
The recession caused by the COVID-19 pandemic hit employment in the service sector hardest, and the workforce is still feeling the effects,  Betsey Stevenson, professor of economics and public policy, told Mother Jones , "The pandemic created a...
In the Media

Wolfers discusses inflation panic and Fed response

Jan 17, 2022 CNN Business
As consumer prices rise, some Americans panic that inflation will continue unabated. With its new interet rate policy, some are wondering if the Federal Reserve made a  mistake. Justin Wolfers, professor of public policy and economics, has faith in...
In the Media

Stevenson discusses job report calculations

Jan 10, 2022 CNBC
Recent government job reports have consistently undercounted the number of jobs created. Revisions are made regularly pushing those numbers up. Betsey Stevenson, professor of public policy and economics, explained how she estimates total jobs...
In the Media

Stevenson discusses Federal Reserve policy

Dec 15, 2021 Bloomberg
Following the Federal Reserve's announcement, Betsey Stevenson, professor of public policy and economics, appeared on Bloomberg's "Sound On" podcast to discuss monetary policy changes. "The Fed did exactly what everyone expected them to do today,...
News

Wolfers provides analysis on jobs, inflation

Dec 5, 2021
As the omicron variant spreads, the impact it will have on the fragile economic recovery remains uncertain. Justin Wolfers, professor of public policy and economics, talked to numerous media outlets about economic recovery, the jobs report, and...
News

Stevenson on why the economy is waiting for workers

Oct 20, 2021
As the economy recovers, workers are holding out for better compensation and benefits.  “It’s like the whole country is in some kind of union renegotiation,” Betsey Stevenson told the New York Times. “I don’t know who’s going to win in this...
News

Stevenson breaks down September jobs report

Oct 14, 2021
The September jobs report did not reveal things that economists, including Betsey Stevenson, were hoping to see. "If you look at this report, it’s very clear that it’s delta that’s holding it back. We saw the highest number of people working...
In the Media

Stevenson dissects September Jobs Report

Oct 8, 2021 Moody's Talks
Today, Betsey Stevenson, professor of public policy and economics, appeared on Moody's Talks: Inside Economics to discuss the September jobs report.  "If you turn to the employment report, it wasn’t that stark, but you still see the same pattern....
In the Media

'The virus is the economy' - Wolfers

Sep 3, 2021 Fox Business News
After a few months of economic recovery, the delta variant is slowing down the economy yet again. "Today's dreadful jobs report - which basically put the recovery on ice for a while - is yet another reminder that the virus is the economy," Justin...
News

Stevenson predicts employment changes ahead

Sep 3, 2021
Change is inevitable when it comes to the COVID-19 pandemic. Rising infection rates have caused an otherwise recovering economy to slow, and Betsey Stevenson predicts there may be more change ahead. “I think we are going to see some of the great...
In the Media

'A traumatically impacted economy' -Stevenson

Aug 16, 2021 Newsweek Mexico
The economy has "been traumatically impacted" from the pandemic, says Betsey Stevenson. "I don't think it would have been possible to imagine something like this, a situation in which people simply had to stop going to work for their own health...
News

What's next in a post-pandemic economy? - Stevenson

Aug 3, 2021
As the economy and world attempts to return to normal with the help of the COVID-19 vaccine, a new normal -- from social norms to remote work -- is emerging. Betsey Stevenson, professor of public policy and economics, recently spoke with Project...
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...
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...
In the Media

Wolfers comments on work-from-home productivity

Jul 12, 2021 The Sydney Morning Herald
As the world adjusts to what life will look like as the pandemic ebbs, one key question is whether the work-from-home trend will continue. Justin Wolfers, professor of public policy and economics, said that workers are more productive at home,...
In the Media

Young describes changing relationship between work and technology

Jul 11, 2021 WDIV Local 4
The pandemic has left many anxious about what the future of work looks like. Alford Young, courtesy faculty at the Ford School, Arthur F. Thurnau Professor in the Department of Sociology and a professor of African and African American studies,...
News

Raimi maps U.S. energy economy in new report

Jun 28, 2021
How will actions taken towards preventing climate change affect communities that rely on a fossil fuel economy? In a recent report titled "Mapping the US Energy Economy to Inform Transition Planning," Daniel Raimi, Ford School lecturer and fellow at...
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...
In the Media

Levy explains connection between Medicaid and more jobs

May 23, 2021 NPR Marketplace
According to NPR Marketplace, if the 14 states that have not expanded Medicaid do, they would create more than a million jobs in 2022. Helen Levy, a research professor at the U-M Institute for Social Research with a courtesy appointment at the Ford...
In the Media

Collins joins Aspen Economic Strategy Group

Feb 2, 2021 Associated Press News
The Aspen Economic Strategy Group (AESG) announced seven new members [including Susan M. Collins, Provost and Executive Vice President for Academic Affairs] to the sixty-five member, invitation-only group made up of distinguished leaders and...