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Betsey Stevenson - 4 — - 2 … We're - 1 Claudia Goldin — - 1 Williams - 1 ” - 1 Betsey Stevenson Joseph LaVorgna - 1 Stevenson - 1
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Search resuls for: "Betsey Stevenson"


17 mentions found


☆ Here's where the jobs are for August 2024 — in one chart
  + stars: | 2024-09-06 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com   time to read: +1 min
The growth was led by leisure and hospitality and health care and social assistance, with each category adding more than 40,000 jobs, according to data from the Bureau of Labor Statistics . The August jobs report came in weaker than expected , and employment growth by different industries showed a mixed bag for the U.S. economy . If private education is included with the health-care group, as some economists do, that category would have grown by 47,000 jobs. Construction was a bright spot, growing by 34,000 jobs, but manufacturing shed 24,000 jobs. The health-care subsector added 31,000 jobs, or about half its average over the prior 12 months, according to the Bureau of Labor Statistics.
Persons: … We're, Betsey Stevenson Organizations: Bureau of Labor Statistics, Department of Labor Locations: U.S
☆ Is Remote Work the Answer to Women’s Prayers, or a New ‘Mommy Track’?
  + stars: | 2023-11-12 | by ( Sarah Kessler | More About Sarah Kessler | ) www.nytimes.com   time to read: +2 min
And when work and caregiving conflict, women are more likely to take a step back. Most post-pandemic debate around remote work has focused on whether it’s here to stay. Some version of it seems likely: About 70 percent of workers who can do their jobs off-site still work remotely either all or some days. But if old attitudes about more flexible work resurge — outspoken executives have recently described it as “lazy,” not for leaders and a perk for those who don’t “work as hard”— then it may not matter if hybrid options are widespread. This is especially true for highly skilled jobs, because women hold the majority of college degrees.
Persons: Claudia Goldin —, —, Williams, ”, Betsey Stevenson Organizations: Board, University of Michigan
☆ The U.S. economy is extremely resilient, says economist Betsey Stevenson
  + stars: | 2023-10-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. economy is extremely resilient, says economist Betsey StevensonJoseph LaVorgna, SMBC Nikko Securities America chief economist, and Betsey Stevenson, professor of economics at the University of Michigan, join 'Squawk on the Street' to discuss where the Federal Reserve goes from here, their thoughts on the overall economy, and more.
Persons: Betsey Stevenson Joseph LaVorgna, Betsey Stevenson Organizations: Nikko Securities America, University of Michigan, Federal
☆ Here's where the jobs are for June 2023 — in one chart
  + stars: | 2023-07-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com   time to read: +1 min
The biggest area for growth was health care and social assistance, with 65,200 jobs added, according to data from the Labor Department . The June jobs report showed signs that the U.S. labor market may be losing steam after surprisingly strong growth earlier this year, but some categories still saw big jumps in employment last month. The other star category was government, which added 60,000 jobs. Another strong area of the labor market was construction, which added 23,000 jobs for the second straight month. Clarification: This story has been updated to clarify that hospitals added 15,000 jobs.
Persons: Betsey Stevenson, Stevenson Organizations: Labor Department, University of Michigan, Retail
☆ Opinion | Guess How Much This Debt Ceiling Nonsense Is Costing Us
  + stars: | 2023-06-05 | by ( Betsey Stevenson | ) www.nytimes.com   time to read: +2 min
A stronger economic recovery began to take hold in early 2015, but it most likely would have begun earlier without the 2011 debt standoff and resulting budget cuts. The biggest cost from the debt standoff, however, was the fact that it helped establish debt standoffs as the new normal. The real losers from the 2023 debt deal are American taxpayers, who can expect a similar debt standoff, with all of its costs, in two years if we still have a divided government then. Taxpayers should want to pay as little as possible for that debt, and that requires keeping borrowing costs low. But the debt ceiling is currently only used to provide the minority political party the leverage necessary to get their priorities passed.
Persons: —, Janet Yellen Organizations: Republicans, Taxpayers Locations: United States
☆ This is the calamity Washington is trying to avoid with a debt ceiling deal
  + stars: | 2023-05-28 | by ( Samantha Delouya | ) edition.cnn.com   time to read: +5 min
New York CNN —At long last, the White House and House Republicans have reached a tentative agreement to raise the debt ceiling. Every day that passes without a bill to raise the debt ceiling, the probability of the United States reaching the critical date that it can no longer meet its financial obligations steadily grows. Absent a bill passed by Congress and signed by Biden, Treasury will likely do everything in its power to avoid a debt default. In contrast to debt payments, government payments like Social Security or federal worker salaries aren’t considered debt instruments, so they are less likely to come into play when the agencies rate the United States’ debt. Though prioritizing debt payments might stave off an even-greater economic collapse, the United States may not emerge unscathed.
☆ Here's what the looming debt ceiling crisis means for your portfolio
  + stars: | 2023-05-09 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +3 min
Enes EvrenMany investors are bracing for the economic fallout of the deadline for the U.S. to raise the debt ceiling or default on its obligations. Treasury Secretary Janet Yellen on Sunday said that failing to raise the debt ceiling will cause a "steep economic downturn" in the U.S., reiterating the country's early June deadline. Experts say the current crisis could differ from the 2011 debt standoff, which ultimately led to a U.S. credit downgrade and significant market turmoil. One of the big concerns is how the Treasury may prioritize principal and interest payments for assets like bills or bonds in an unprecedented default. Under the 2011 contingency plan, there wouldn't have been a default on Treasurys, according to an August 2011 Federal Open Market Committee conference call transcript.
☆ Fed needs to see people coming into the labor force, says economist Betsey Stevenson
  + stars: | 2023-04-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed needs to see people coming into the labor force, says economist Betsey StevensonJoseph LaVorgna, SMBC Nikko Securities America chief economist, and Betsey Stevenson, professor of economics at the University of Michigan, join CNBC's "Squawk Box" discuss Friday’s jobs report.
☆ Here's where to expect job growth in coming months: Univ. of Michigan professor
  + stars: | 2023-04-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's where to expect job growth in coming months: Univ. of Michigan professorBetsey Stevenson, former chief economist at the Labor Department, and Tomas Philipson, former CEA acting chair and Univ. of Chicago professor, joins 'Squawk Box' to discuss the interplay between sectors that overhired and those with labor shortages, why the labor market data is skewed and more.
☆ Why did we get a monster jobs report if the economy is slowing?
  + stars: | 2023-02-04 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +6 min
And yet, even though it seemed impossible, the labor market is somehow getting tighter, said Rucha Vankudre, senior economist at business analytics firm Lightcast. “I think pretty much all the labor economists in the country this morning are shocked,” Vankudre said Friday during a webinar after the jobs report was released. The January jobs report shouldn’t trigger a wholesale change of what Fed members are thinking or what they were planning on doing before this report, Sarah House, senior economist at Wells Fargo, told CNN. Strong labor market in a slowing economy? January’s jobs report came with added complexity, because it included annual updates to populations estimates and revisions to employer survey data.
☆ Watch CNBC's full discussion on the January jobs report
  + stars: | 2023-02-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full discussion on the January jobs reportBetsey Stevenson, former Labor Department chief economist, Tyler Goodspeed, former acting CEA chairman, and CNBC's Steve Liesman break down the details in Friday's January jobs report.
☆ Experts react to December's inflation report
  + stars: | 2023-01-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExperts react to December's inflation reportEdward Jones' Mona Mahajan, Conference Board's Dana Peterson, University of Michigan's Michael Strain, and Betsey Stevenson, former chief economist at the Labor Department, join 'Squawk Box' to share their opinions on December's CPI print.
☆ It's possible the U.S. could avoid a recession in 2023, says Betsey Stevenson
  + stars: | 2022-12-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's possible the U.S. could avoid a recession in 2023, says Betsey StevensonBetsey Stevenson, former Labor Department chief economist, Michael Strain, director of economic policy studies at the American Enterprise Institute, join CNBC's 'Squawk Box' to discuss their outlook for interest rates and inflation in 2023.
☆ Long Covid is distorting the labor market — and that's bad for the U.S. economy
  + stars: | 2022-12-08 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +13 min
She eventually learned that the balance issues and ear pain resulted from a damaged vestibular nerve, a known effect of long Covid. She found that 2 million to 4 million full-time workers are out of the labor force due to long Covid. For one, many of the hundreds of potential long Covid symptoms are invisible to others, even if disabling for the afflicted. Why the long Covid labor gap mattersJerome Powell, chair of the Federal Reserve, mentioned Sheiner and Salwati's long Covid research in a recent speech about inflation and the labor market. That burden will continue to rise if long Covid patients don't start recovering at greater rates, she said.
☆ Four experts break down November's hotter-than-expected jobs report
  + stars: | 2022-12-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFour experts break down November's hotter-than-expected jobs reportSaira Malik, chief investment officer for Nuveen, Betsey Stevenson, former Labor Department chief economist, Nela Richardson, ADP chief economist, Tyler Goodspeed, Cato Institute adjunct scholar and former acting CEA chairman, and CNBC's Steve Liesman and Rick Santelli join 'Squawk Box' to react to the November jobs report.
☆ Here's where the jobs are for November 2022 — in one chart
  + stars: | 2022-12-02 | by ( Jesse Pound | ) www.cnbc.com   time to read: +1 min
The U.S. job market beat expectations again in November, adding 263,000 payrolls led by the service sector. Leisure and hospitality was the top category for job gains, according to a report from the U.S. Bureau of Labor statistics, adding 88,000 jobs. Roughly 62,000 of those jobs were in food and drink services, the report said. Health care and social assistance was the second-biggest category last month, adding more than 68,000 jobs. Government employment also had a strong month, adding 42,000 jobs.
☆ Three experts react to September's hotter-than-expected inflation report
  + stars: | 2022-10-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree experts react to September's hotter-than-expected inflation reportBetsey Stevenson, former Labor Department chief economist, Nancy Davis, chief investment officer at Quadratic Capital Management, Nela Richardson, ADP chief economist, and CNBC's Steve Liesman and Rick Santelli join CNBC's 'Squawk Box' to react to September's hot inflation report.
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