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 Listen on Spotify: https://open.spotify.com/show/510WZMF... Listen on Apple Podcasts: https://podcasters.spotify.com/pod/sh... FOLLOW BETSEY STEVENSON: Think Like An Economist Podcast: https://art19.com/shows/think-like-an... FOLLOW DAVID LIN: Twitter (@davidlin_TV): / davidlin_tv TikTok (@davidlin_TV): / davidlin_tv Instagram (@davidlin_TV): / davidlin_tv For business inquiries, reach me at david@thedavidlinreport.com *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 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