A Recovery No Better than the Recession
The median income of American households decreased by as much in the two years after the official end of the Great Recession as it did during the recession itself. The current recovery is the worst for household income for any post-recession period in decades.
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.
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.
Living Together: The Economics of Cohabitation
The share of 30- to 44-year-olds living as unmarried couples has more than doubled since the mid-1990s. Adults with lower levels of education — without college degrees — are twice as likely to cohabit as those with college degrees.
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.
Non-Citizen Immigrant Households Suffer Sharp Decline in Income, 2006-2007
The current economic slowdown has taken a far greater toll on households headed by non-citizens than it has on the U.S. population as a whole, according to a Pew Hispanic Center analysis of new Census data.
The Chinese Celebrate Their Roaring Economy As They Struggle With Its Costs
As they eagerly await the Beijing Olympics, the Chinese people express extraordinary levels of satisfaction with the way things are going in their country and with their nation’s economy. With more than eight-in-ten having a positive view of both, China ranks number one among 24 countries on both measures in the 2008 survey by the […]
Blacks See Growing Values Gap Between Poor and Middle Class
African Americans see a widening gulf between the values of middle class and poor blacks, and nearly four-in-ten say that because of the diversity within their community, blacks can no longer be thought of as a single race, according to a new Pew Research Center survey.