The Occupy Wall Street movement no longer occupies Wall Street, but the issue of class conflict has captured a growing share of the national consciousness.
Households headed by older adults have made dramatic gains relative to those headed by younger adults in their economic well-being over the past quarter of a century.
Without public debate or fanfare, large numbers of Americans enacted their own anti-poverty program in the depths of the Great Recession: They moved in with relatives.
Despite an extended economic downturn, the public’s impression of whether the nation is economically divided remains relatively stable. While 45% say American society is divided between “haves” and “have-nots,” 52% say it is incorrect to think of the country this way. This is comparable to the balance of opinion a year ago. The percentage of […]
The spread of poverty across the United States that began at the onset of the Great Recession of 2007-2009 and accelerated last year hit one fast-growing demographic group especially hard: Latino children.
Pew Research Center reports can add context to the Census Bureau's release of 2010 data on U.S. income, poverty and health insurance coverage. These Pew Research Center reports, linked to in this article, have documented the impact of the Great Recession and shaky recovery on Americans’ wealth, work lives, personal finances and emotional well-being.
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.
The median wealth of white households is 20 times that of black households and 18 times that of Hispanic households, according to a Pew Research Center analysis of newly available government data from 2009.
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.
Older adults are less likely than younger and middle-aged adults to say that in the past year they have cut back on spending; suffered losses in their retirement accounts; or experienced trouble paying for housing or medical care.