President Joyce P. Jacobsen discussed the U.S. Chamber of Commerce’s new workforce report tonight (June 1) on the daily economics radio program from American Public Media.
This week, the U.S. Chamber of Commerce published “The America Works Report: Quantifying the Nation’s Workforce Crisis,” which cites employers’ “unprecedented challenges trying to find workers to fill jobs.”
On Tuesday, June 1, Hobart and William Smith President Joyce P. Jacobsen, an expert on labor economics, discussed the report on Marketplace, covering the Chamber’s assessments about the causes of the shortage of workers and how accurate the “crisis” narrative is.
Marketplace host Kimberly Adams shared Jacobsen’s assessment that there is one area with “a true labor shortage at the moment — summer jobs, once filled by teenagers, more recently foreign workers who can’t get visas due to the pandemic.”
A veteran labor economist with a focus on the economics of gender, Jacobsen earned her Ph.D. from Stanford University and her M.Sc. from the London School of Economics. She graduated from Harvard University, magna cum laude, with her A.B. in economics as a member of Phi Beta Kappa.
Jacobsen is the author of scores of journal articles and book chapters exploring sex segregation, migration and the effects of labor force intermittency on women’s earnings, among other topics. Her books include The Economics of Gender, Queer Economics: A Reader (co-edited with Adam Zeller), Labor Markets and Employment Relationships (with Gilbert L. Skillman) and Advanced Introduction to Feminist Economics, a monograph published in 2020.
Jacobsen began her academic career in 1988 as an assistant professor at Rhodes College before going to Wesleyan University in 1993. She earned full professor at Wesleyan in 2000 and was awarded an endowed chair as Andrews Professor of Economics in 2003. She served as Provost at Wesleyan for a number of years before being appointed president of Hobart and William Smith Colleges in 2019.
Produced and distributed by American Public Media, Marketplace is a nonprofit news organization on a mission to raise the economic intelligence of the country. For more than 30 years, Marketplace programs have “helped people become smarter about the economic forces that touch their daily lives through the unorthodox story, the casual conversation and the unexpected angle on the news.”