Gen Next Squeezed By Recession, But Most See Better Times Ahead
While the economic downturn is falling quite heavily on younger Americans, their overall outlook remains optimistic. A new survey also finds Generation Next expressing more liberal views when compared with older age cohorts as well as evidence of increased political engagement.
Most Middle-Aged Adults Are Rethinking Retirement Plans
In the midst of a recession that has taken a heavy toll on many nest eggs, just over half of all working adults ages 50 to 64 say they may delay their retirement — and another 16% say they never expect to stop working.
Independents Take Center Stage in the Obama Era
Centrism has emerged as a dominant factor in public opinion as the Obama administration begins. Republicans and Democrats are even more divided than in the past, while the growing political middle is steadfastly mixed in its beliefs about government, the free market and other values that underlie views on contemporary issues and policies. Both political parties have lost adherents since the election and an increasing number of Americans identify as independents.
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.
Through Boom and Bust: Minorities, Immigrants and Homeownership
The ups and downs in the U.S. housing market over the past decade and a half have generated both greater gains and larger losses for minority groups than for whites.
Support for Free Trade Recovers Despite Recession
Despite the economic recession, support for free trade agreements is up by nine percentage points — from 35% to 44% — putting positive opinions of trade back in line with long-term trends. People in low-income families and Democrats are much more supportive of trade now than they were a year ago.
Luxury or Necessity? The Public Makes a U-Turn
From the kitchen to the laundry room to the home entertainment center, Americans are paring down the list of familiar household appliances they say they can’t live without.
A Portrait of Unauthorized Immigrants in the United States
Unauthorized immigrants living in the U.S. are more geographically dispersed than in the past and are more likely than either U.S.-born residents or legal immigrants to live in a household with a spouse and children. But the recent rapid growth in the undocumented immigrant labor force has come to a halt. The new report also includes population and labor force estimates for each state.
Public Knows Basic Facts About Financial Crisis
High percentages of Americans know that the government assistance to banks is aimed at getting them to lend more money, not less money and that China is the foreign country holding the most U.S. government debt. Notably, more Americans know the current unemployment rate than the current level of the Dow Jones Industrial Average.
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.