Survey Bias May Underestimate Unemployment, Particularly Among Young Black Men
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 John Schmitt and William Spriggs will explore the impact of bias in the CPS, data equity, and its implications for US labor policy.
About Dean Baker
Dean Baker (born July 13, 1958) is an American macroeconomist who co-founded the Center for Economic and Policy Research (CEPR) with Mark Weisbrot. Baker has been credited as one of the first economists to have identified the 2007–08 United States housing bubble.
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