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.
No Consensus About Whether Nation Is Divided Into ’Haves’ and ’Have-Nots’
The public is divided on the question of whether the U.S. has become a society of economic ‘haves’ and ‘have-nots,” with 52% saying it is incorrect to think of the country this way while 45% say such a division exists.
Childhood Poverty Among Hispanics Sets Record, Leads Nation
More Latino children are living in poverty—6.1 million in 2010—than children of any other racial or ethnic group.
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.
Wealth Gaps and Perception Gaps: A Paradox of the Great Recession
When the real estate market melted down, those hit hardest by the sharp drop in household wealth were blacks and Hispanics. But even while their wealth was being decimated, the political reaction among the nation’s minorities has been surprisingly muted.
Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics
The lopsided wealth ratios are the largest since the government began publishing such data a quarter century ago and roughly twice the size of the ratios that had prevailed between these three groups for the two decades prior to the Great Recession that ended in 2009.