Apr 08, 2021
11:00 AM - 12:00 PM (GMT-5)
Institute for New Economic Thinking and the Center for Economic and Policy Research
Economists Julie Yixia Cai and Dean Baker present their new study showing how the high and rising non-response rate in the Current Population Survey (CPS) may underestimate unemployment for less advantaged workers, particularly young Black men. The CPS is the underlying source of many official labor market statistics, as well as income and poverty measures, and health insurance coverage.
As discussants, economists William Spriggs and John Schmitt will explore the impact of bias in the CPS, data equity, and its implications for US labor policy.
Julie Yixia Cai, Economist, Center for Economic and Policy Research.
Dean Baker, Senior Economist and co-founder of the Center for Economic and Policy Research.
William E. Spriggs, Professor of Economics, Howard University and chief economist to the AFL-CIO.
John Schmitt, Vice President, Economic Policy Institute
Thomas Ferguson, Research Director, Institute for New Economic Thinking.