September 2021 Economic Outlook
September 29, 2021
8:30 – 11:30 a.m. (Pacific Time)
Income Inequality, Economic Growth and Recessions
Recent months have seen a robust recovery from the 2020 recession. GDP will have surpassed its previous peak, and employment is on a recovery trajectory. The open question is where the economy goes from here. Will we return to 2% GDP growth, or will the adoption of technology used during the pandemic spur productivity and growth above 2%? Will labor-saving technology result in less demand for workers and a labor force participation rate that remains below 2019 levels? The answers to these questions have important implications for how income is distributed across individuals in the United States. Will the recovery affect income inequality, and how does income inequality affect economic growth? The September UCLA Anderson Forecast Conference will focus on these issues with the latest economic outlook, a keynote by Federal Reserve Bank of San Francisco President Mary C. Daly, and a panel of experts from UCLA’s Luskin School of Public Affairs, PPIC, RSM, and the Office of the Governor.