Hard Hats See Hard Times
While the latest statistics reported fewer job losses than analysts expected, the public is expressing increasing concern about job availability; but unlike in the 1992 downturn, such worries are concentrated in the lower portions of the income spectrum.
You’re Laid Off
At a time when the U.S. economy is faltering, one out of every seven U.S. workers — especially those who have already hit hard times in the recent past — fear they will be laid off in the next 12 months.
Inside the Middle Class: Bad Times Hit the Good Life
A new Pew Social Trends study finds that fewer Americans now than at any time in the past half century believe they’re moving forward in life. But at the same time, two-thirds say they have a higher standard of living than their parents had.
Dismal Views of the National Economy : It’s the Inflation, Stupid
Public satisfaction with the state of the nation is about as low as it has been in 20 years of Pew polling; but optimism about the future rises somewhat.
States Besieged by Budget Woes
Already, 22 states have a collective budget shortfall of at least $37 billion; if the current slowdown follows the path of previous recessions, 35 to 40 states could face budget cuts in 2009.
Financial Woes Overshadow All Other Concerns For Journalists
A new survey of national and local reporters, producers, editors and executives finds soaring economic woes eclipse traditional worries about quality of coverage and credibility.
Economic Discontent Deepens As Inflation Concerns Rise
Public views of the U.S. economy, already quite negative, have plummeted since January. Just 17% currently rate the nation’s economy as excellent or good, down from 26% last month.
GOP Debate’s Economic Focus Mirrors Country’s Growing Concern
But candidates’ perceptions on economic growth and tax cuts diverge from overall public priorities.
Election-Year Economic Ratings Lowest Since ’92
Republicans and Democrats agree the economy should be a top priority for the president and Congress, but they differ more than ever on the importance of other domestic issues — such as global warming and health insurance for the uninsured.
States Take Lead in Housing Crisis
From establishing foreclosure hotlines to temporarily freezing sub-prime interest rates, states are at the forefront of policymaking to minimize damage from the mortgage meltdown.