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unemployment

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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...
In the Media

Stevenson breaks down last jobs report of 2022 on Bloomberg

Jan 6, 2023 Bloomberg
Betsey Stevenson, Bloomberg: "It's a very strong jobs report. What we saw was ongoing job growth. 2021 was the strongest year of job growth we've ever had, and 2022 came in there as the second. We did see some slowdown as the year continued but even...
In the Media

Stevenson breaks down tech layoffs

Dec 12, 2022 NPR Consider This
Betsey Stevenson, NPR Consider This: "I do not think it's indicative of a sector that's struggling. I think it's indicative of a sector that had gangbuster growth over the last couple years and maybe got a bit ahead of its skis thinking that that...
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...
In the Media

Wolfers discusses tech layoffs

Nov 17, 2022 Washington Post
Justin Wolfers, Washington Post: "That amounts to about one-third of 1 percent of the total separations in a month. Large numbers of separations are actually the norm in the U.S. economy. I think that there is a tendency for the human brain to look...
News

Wolfers provides expertise on current state of economy

Sep 9, 2022
Justin Wolfers, professor of public policy and economics, has made numerous appearances in the media recently, providing his expertise on the current state of our economy. Here is a compilation of his recent contributions: 'Both a warning and a...
News

Wolfers and Stevenson comment on jobs and inflation

May 6, 2022
Inflation has been as high as 8.5% in recent months, and despite other positive economic factors, CNN reports that President Joe Biden may be “close to the point of no return with Americans on the economy.” Ford School economics professor Justin...
In the Media

Wolfers weighs in on Biden's approval ratings

Apr 16, 2022 Los Angeles Times
Despite low unemployment and rising wages, inflation is causing President Biden to struggle with low approval ratings. Justin Wolfers, professor of public policy and economics, discussed how he would frame the economy to raise approval...
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...
In the Media

Stevenson analyzes conflicting views of the economy

Mar 17, 2022 The New York Times
Republican governors across the country have been criticizing President Biden for his economic policies while touting their own. Betsey Stevenson, professor of public policy and economics, weighed in on the trend. “Basically it’s insane to say,...
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...
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

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...
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 named to the National Academy of Social Insurance

Jan 12, 2022
Recognizing her outstanding contributions to social insurance and related policy areas, the National Academy of Social Insurance (NASI) has approved the election of Betsey Stevenson, professor of public policy and economics, to the Academy. She is...
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...
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

Wolfers breaks down jobs report in NYT op-ed

Dec 3, 2021
Following the release of the November jobs report, Justin Wolfers, professor of public policy and economics, broke down what it means in an op-ed in The New York Times.  "This chill in employment might lead one to conclude the economy’s too cold,...
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...
Publication

Latino Michiganders: Key findings from U-M Poverty Solutions

Oct 15, 2021
ANN ARBOR—As National Hispanic Heritage Month, which celebrates the culture and contributions of Latinos in the U.S., comes to a close, Poverty Solutions at the University of Michigan highlights key data from its research that relates to Latinos...
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...