The Return of the Multi-Generational Family Household
The multi-generational American family household is staging a comeback — driven in part by the job losses and home foreclosures of recent years, but more so by demographic changes that have been gathering steam for decades. As of 2008, a record 49 million Americans, or 16.1% of the total U.S. population, lived in such a household, up from 28 million, or 12.l%, in 1980. Such households had been more common a century ago, but began to fall out of favor after World War II. Now they are coming back.
Home for the Holidays…and Every Other Day
The journey home won’t be quite as far this year for many young adults. Instead of traveling across country or across town, many grown sons and daughters will be coming to the holiday dinner table from their old bedroom down the hall, which now doubles as their recession-era refuge.
How the Economy May Sway 2010 Governors’ Races
The tax hikes that so many states levied to plug holes in their recession-ravaged budgets this year could endanger some incumbent governors’ careers in 2010 when 37 gubernatorial contests are at stake.
Covering the Great Recession
The gravest economic crisis since the Great Depression has been covered in the media largely from the top down, told primarily from the perspective of the Obama administration and big business.
Recession Turns a Graying Office Grayer
Older adults are staying in the labor force longer, and younger adults are staying out of it longer. Both trends intensified with the recession and are expected to continue after the economy recovers. One reason: Older workers value not just a paycheck, but the psychological and social rewards.
Mexican Immigrants: How Many Come? How Many Leave?
The flow of immigrants from Mexico to the United States has declined sharply since mid-decade, but there is no evidence of an increase during this period in the number of Mexican-born migrants returning home from the U.S.
Recession Dot Net
More than two-thirds of Americans have logged on to the internet looking for financial information. Of these “online economic users” most are looking for good deals and job opportunities. More said that what they learned on the internet made them more anxious than said they were made more confident.
Recession Slows — but Does Not Reverse — Mexican Immigration
The flow of immigrants from Mexico to the U.S. has declined sharply since mid-decade, but there is no apparent increase in the number of Mexican-born migrants returning home.
Public More Optimistic About the Economy, But Still Reluctant to Spend
Increasingly, Americans express the view that the nation’s economy will improve in the next year, and a growing number also expect their personal finances to get better. But this has not caused people to open their wallets.
Cockeyed Optimists or Self-Fulfilling Prophets?
Even while their personal worries have deepened, Americans have been feeling more upbeat about the national economy’s prospects and less concerned about rising inequality. What underlies this trend and can it be sustained?