More than a third (36%) of Americans say the practice of “walking away” from a home mortgage is acceptable, at least under certain circumstances.
The Great Recession
The Great Recession has touched virtually every American. This Pew Research Center series of survey-based reports documents how the downturn shrank paychecks, shattered budgets, drained savings accounts, changed spending and borrowing habits and pushed long-term unemployment to historic levels.
One child in 10 in the United States lives with a grandparent, a share that increased slowly and steadily over the past decade before rising sharply from 2007 to 2008, the first year of the Great Recession.
Long-term unemployment takes a much deeper toll than short-term unemployment on a person’s finances, emotional well-being and career prospects.
Interactive graphic that charts the impact of the “Great Recession” on Americans. Polling data with breakdowns by age, education, race, gender and political affiliation.
Of the 13 recessions that the American public has endured since the Great Depression of 1929-33, none has presented a more punishing combination of length, breadth and depth than this one.
The recession-era boom in the size of freshman classes at four-year colleges, community colleges and trade schools has been driven largely by a sharp increase in minority student enrollment.
The American work force is graying — and not just because the American population itself is graying. Older adults are staying in the labor force longer, and younger adults are staying out of it longer.