Americans’ Views about Poverty and Economic Well-Being
The Pew Research Center has published a number of recent reports that are relevant to the new Census Bureau numbers for the 2011 poverty rate, median household income and people without health insurance. This posting lists and links to reports about Americans’ attitudes toward their own economic circumstances and views on helping the poor, as well as analysis and explanation about poverty and economic well-being.
A Third of Americans Now Say They Are in the Lower Classes
The percentage of Americans who say they are in the lower-middle or lower class has risen from a quarter of the adult population to about a third in the past four years, according to a national survey of 2,508 adults by the Pew Research Center. Not only has the lower class grown, but its demographic […]
Americans Feel No Better or Worse Off in the Obama Years; Politics Colors Views of Recession’s Toll
Americans do not rate their personal finances any better –or worse – than they did when Barack Obama took office nearly four years ago. And while income is a major factor in people’s views of their personal finances, so too is their partisan affiliation. The Pew Research Center has been tracking personal financial well-being for […]
The Lost Decade of the Middle Class
Chapter 1: Overview As the 2012 presidential candidates prepare their closing arguments to America’s middle class, they are courting a group that has endured a lost decade for economic well-being. Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some—but by no means all—of its characteristic faith […]
The Boomerang Generation
If there’s supposed to be a stigma attached to living with mom and dad through one’s late twenties or early thirties, today’s “boomerang generation” didn’t get that memo.
Young, Underemployed and Optimistic
Young adults hit hard by the recession. A plurality of the public believes young adults, rather than middle-aged or older adults, are having the toughest time in today’s economy.
The November 2011 issuance by the U.S. Census Bureau of a new Supplemental Poverty Measure has rekindled interest in questions that have been raised at various times over the nearly half century since the first official measures were published. This posting explores the perceived flaws of the official poverty measures, as well as the features of the unofficial alternative measure recently unveiled by the Census Bureau and the broader issues raised by the contrast between the two.
Cohabiting Couples and Their Money
Money-sharing by cohabiting couples is the topic of this article, which focuses on the Census Bureau’s new alternative measure of poverty. Cohabiting couples are much less likely to be considered poor under the alternative measure than the official measure of poverty’; the major reason is that the alternative measure assumes such couples share expenses, while the official measure assumes they are separate economic units.
Comparing Two Census Measures of Poverty
The Census Bureau has just published the results from its new alternative measure of poverty, called the Supplemental Poverty Measure, and they differ notably from the poverty rates shown by the official measure that’s been used since the 1960s. A new report by the Pew Hispanic Center compares results under both measures for key demographic groups.
The Rising Age Gap in Economic Well-Being
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.