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Betsey Stevenson
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Betsey Stevenson

Labour economist and former US Council of Economic Advisers member.

Betsey Stevenson said on 23 July that fewer than one in three unemployed Americans can file for jobless benefits at all, as the University of Michigan economist and former Labor Department chief economist questioned a 57-year-low claims figure.

Last refreshed: 27 July 2026 · Appears in 1 active topic

Timeline for Betsey Stevenson

#18 22 Jul

Jobless claims hit a 57-year low

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Background

Betsey Stevenson is a professor of public policy and economics at the University of Michigan.

She previously served as chief economist at the US Department of Labor from 2010 to 2011 and as a member of the Council of Economic Advisers from 2013 to 2015, giving her direct experience with how federal labour statistics are compiled and used in policy.

That background informed her July 2026 assessment that record-low jobless claims mask a labour market where relatively few people are hired or fired, making it especially difficult for anyone trying to enter or re-enter work.

Key Issues
Jobless claims doubts

She says most jobless can't claim

Betsey Stevenson, professor of public policy and economics at the University of Michigan and a former chief economist at the US Department of Labor, said on 23 July 2026 that fewer than one in three unemployed Americans can file for benefits at all.

She said 'a low-hire-low-fire environment is particularly hard for people to enter or re-enter the labor market', framing the record-low claims figure as a sign of a stuck labour market rather than a healthy one.

Common Questions
How many unemployed Americans can claim jobless benefits?
Economist Betsey Stevenson says fewer than one in three unemployed Americans are eligible to file for unemployment benefits at all.Source: Marketplace
Who is Betsey Stevenson?
Betsey Stevenson is a professor of public policy and economics at the University of Michigan and a former chief economist at the US Department of Labor.Source: University of Michigan
Why is a low-hire, low-fire labour market hard on jobseekers?
Stevenson says such a market is particularly hard to enter or re-enter because employers are neither hiring nor firing much, leaving few openings for new or returning workers.Source: Marketplace