Will Layoffs Soar? Economy In ‘Treacherous Waters’: Former Dept. Of Labor Chief Economist

Betsey Stevenson, Professor of Public Policy and Economics at the University of Michigan, and the former Chief Economist at the U.S. Department of Labor, discusses the current state of the labor market in the U.S., and ways to combat inflation.

*This video was recorded on June 26, 2024

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0:00 - Intro
1:00 - Economy’s top issues
6:00 - Housing supply and inflation
9:20 - Rent control
11:24 - Consumer spending and home prices
14:10 - Inflation outlook
18:00 - Labor market overview
21:35 - Labour market polls
25:15 - Multiple job holders
30:30 - Which sectors grew the most?
34:21 - Demographics and labor tightness
42:18 - AI’s impact on labor force
53:59 - Paradox of declining female happiness

#economy #jobs #inflation