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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,...
Betsey Stevenson
In the Media

Wolfers: "This ain't a recession"

Jul 10, 2023 Marketplace
Justin Wolfers, Marketplace: Downbeat indicators don’t tell the whole story. Take consumers, said Justin Wolfers, an economics professor at the University of Michigan. They might say they’re pessimistic about the economy. “But if you look at what...
Justin Wolfers
In the Media

Wolfers remains optimistic about economy

Mar 10, 2023 BBC
Justin Wolfers, BBC: "The best forecast for the future state of the economy is the current state and the current state is good. There's a recessionary vibe, but there's no recessionary...
Photo of Justin Wolfers
News

February Jobs Report: Job Growth Shows No Signs of Slowing

Mar 10, 2023
The U.S. labor market grew by 311,000 jobs in February. Unemployment ticked up to 3.6%, while the number of employed expanded and the labor force participation rate also ticked up. Since October 2022, labor force participation has expanded slowly...
Rapid Insights graphic
In the Media

Stevenson discusses latest jobs report

Feb 3, 2023 Bloomberg
Betsey Stevenson, Bloomberg: "The truth is, this is a great number, 517,000 jobs, but there's a lot of room for error in this report. And if I was a betting woman, I would tell you that we'll probably see this corrected down a little bit. So I think...
Betsey Stevenson
In the Media

Stevenson explains tech layoffs

Jan 27, 2023 Yahoo! News
Betsey Stevenson, Yahoo! News: "They hired for magical thinking. So what they're having to do right now is readjust for reality. As you've already shown, the layoffs we're seeing here are small compared to not just the hiring they did during 2020...
Betsey Stevenson
News

Stevenson breaks down latest jobs report data

Dec 5, 2022
In addition to providing BLS Monthly Jobs Report Rapid Insights, Betsey Stevenson, professor of economics and public policy, has lent her expertise to numerous media outlets to break down the latest jobs report. Here's what she had to say about the...
Betsey Stevenson
News

Farley breaks down 2020 Census

Apr 13, 2022
Last week, the city of Detroit filed a claim with the Census Bureau, arguing its residents were undercounted in 2020. Ford School lecturer Reynolds Farley discussed the undercount.  “This census was deficient in Detroit,” he said. “They didn’t...
Photo of Ren Farley speaking into a megaphone as he leads a tour of U-M students in downtown Detroit
News

Stevenson and Wolfers discuss latest jobs report

Apr 4, 2022
The labor market is still booming, according to the latest jobs report. Justin Wolfers and Betsey Stevenson, both professors of public policy and economics, broke down what the jobs report means for Americans. "I do think it more likely that the...
Betsey Stevenson and Justin Wolfers
News

Stevenson describes Biden report, current labor market

Mar 8, 2022
A new report from the Biden administration highlights how employer practices, including collusion and constraints on competiton, are limiting workers' choices and wages. Betsey Stevenson, professor of public policy and economics, explained the cause...
Photo of Betsey Stevenson leading a class
In the Media

Stevenson gives update on the labor market

Mar 6, 2022 Bloomberg
Betsey Stevenson, professor of public policy and economics, recently appeared on Bloomberg's "Balance of Power" to discuss the latest jobs report.  "We saw a lot of jobs added and we saw employment grow. So, across the board, this is a really...
Betsey Stevenson
In the Media

Wolfers on job gains: Job market is "motoring"

Mar 4, 2022 MarketWatch
Ford School economics professor Justin Wolfers reacted to the strong March jobs report. “Very very strong payrolls report: +678k jobs in February, with unemployment edging down to 3.8%. Add in solid positive revisions that added a total of +92k...
Justin Wolfers
In the Media

Stevenson discusses popularity of paid family leave

Mar 3, 2022 Marketplace
Across the country, paid family leave policies are gaining more and more support. Betsey Stevenson, professor of public policy and economics, discussed why. “In a tight labor market, you see employers become quite creative in trying to think...
Betsey Stevenson
In the Media

Wolfers discusses state of the economy

Feb 8, 2022 WDET
Justin Wolfers, professor of public policy and economics, recently appeared on WDET to talk about the economy, inflation, and jobs.  "People are complaining about rising prices and inflation. That’s their concern right now. It’s not about jobs,"...
Justin Wolfers
News

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...
Betsey Stevenson
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...
Photo of Justin Wolfers
News

Detroit unemployment rate sits at 20%

Feb 3, 2022
Detroit’s unemployment rate—the proportion of adults who are in the labor force but not currently employed—remains at 20%, virtually unchanged over the course of 2021, according to a new University of Michigan survey.  This is less than half the...
Detroit
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...
Betsey Stevenson
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...
Betsey Stevenson
News

Stevenson on Build Back Better, inflation, and unemployment

Nov 28, 2021
Betsey Stevenson countered arguments against President Biden’s Build Back Better legislation as the bill passed the House and moved into the Senate. “There is just absolute historic investment in childcare that is really going to benefit so many...
Photo of Betsey Stevenson leading a class
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...
Betsey Stevenson