For a narrow majority of Americans (55%), the Great Recession brought a mix of hardships, usually in combination: a spell of unemployment, missed mortgage or rent payments, shrinking paychecks and shattered household budgets, but for the other 45% of the country, the recession was largely free of such difficulties.
Workers who suffered a spell of unemployment during Great Recession are, on average, less satisfied with their new jobs than workers who didn't. They are more likely to consider themselves over-qualified for their current position.
Roughly four-in-ten Americans who spent some time unemployed during the recession say they experienced a strain in family relations while out of work.
Close to half of all Americans who spent some time unemployed during the recession say they enjoyed not having to work for a while.
Long-term unemployment takes a much deeper toll than short-term unemployment on a person's finances, emotional well-being and career prospects.
The unemployment rate stood at 7.6% when Obama took office; its rise, and the corresponding fall in Obama’s approval rating, so far mirrors Reagan’s first term.
Self-employed adults are significantly more satisfied with their jobs than other workers. They're also more likely to work because they want to and not because they need a paycheck.
Overview For the public, the continuing financial crisis has been overtaken by a jobs crisis. The proportion of Americans citing jobs or unemployment as the nation’s most important economic problem has more than quadrupled – from 10% to 42% – since early October and job worries now far surpass concerns over the financial crisis. People’s […]
The current recession is having an especially severe impact on employment prospects for immigrant Hispanics.
At a time when the American economy is trending down and the unemployment rate is ticking up, one out of every seven U.S. workers fear they will be laid off in the next 12 months.