November 7, 2011

The Rising Age Gap in Economic Well-Being

Older adults have made dramatic gains relative to younger adults in their economic well being during the past quarter century, according to a new Pew Research Center analysis of data from two key U.S. Census sources.

October 12, 2011

In a Down Economy, Fewer Births

A sharp decline in fertility rates in the United States that started in 2008 is closely linked to the souring of the economy that began about the same time.

October 3, 2011

Fighting Poverty in a Tough Economy, Americans Move in With Their Relatives

The financial hardships caused by the Great Recession have helped fuel the largest increase in modern history in the number of Americans living in multi-generational households. From 2007 to 2009, this group spiked from 46.5 million people to 51.4 million.

September 13, 2011

Adding Context to the Census Bureau’s Report on the Rise in Poverty Rate

Recent Pew Research Center reports provide extra context for Tuesday’s announcement by the Census Bureau the nation’s poverty rate grew to 15.1% in 2010.

September 15, 2010

Walking Away

Nearly six-in-ten Americans say it is “unacceptable” for homeowners to stop making their mortgage payments, but more than a third say the practice of “walking away” from a home mortgage is acceptable under certain circumstances. Homeowners whose home values declined during the recession and those who have spent time unemployed are more likely to say that “walking away” from a mortgage is acceptable.

July 22, 2010

Lost Income, Lost Friends — and Loss of Self-Respect

A new Pew Research Center survey finds the long-term unemployed are more likely than the short-term unemployed not only to have lost income, but also to have lost contact with close friends, suffered strains in family relations and lost some self-respect and confidence in their long-term career prospects.

June 29, 2010

The Great Recession at 30 Months

More than half (55%) of adults in the labor force say that since the economic slump began 30 months ago, they have suffered a spell of unemployment, a cut in pay, a reduction in hours or have become involuntary part-time workers; the recession has also led to a new frugality and diminished expectations about retirement and their children’s future.

May 14, 2009

Not Your Grandfather’s Recession — Literally

Relatively speaking, older Americans’ attitudes and lifestyles have been less affected by the economic slump than have those of younger Americans. Meantime, the “Threshold Generation,” people nearing retirement, have been hardest hit, as they’ve seen their nest eggs shrink the most.

March 26, 2009

The Phantom Recovery

The eight-year period from 1999 through 2007 is the longest in modern U.S. economic history in which inflation-adjusted median household income failed to surpass an earlier peak.