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worker shortages

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In the Media

Stevenson discusses inflation and demand

Feb 13, 2022 CNN Politics
With inflation rising as the economy bounces back from the COVID-19 recession, the automobile industry is one area that has struggled due to labor and supply shortages. "The people screaming for Biden to do something do not want the Fed to raise...
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...
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

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

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

Cooney breaks down Whitmer's labor force revival plan

Jun 15, 2021 WXYZ Detroit
In order to get more people back into the labor force, Governor Gretchen Whitmer recently proposed the idea of paying people who go back to work. Patrick Cooney, assistant director of economic mobility at Poverty Solutions, explained that...
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,...