Baby Boomers Approach 65 – Glumly
As the leading edge of the giant Baby Boomer generation turns 65 on January 1, 2011, a Pew Research roundup of new and recent surveys finds that this age group is more downbeat than others about the trajectory of their lives and the direction of the nation as a whole. This report explores Boomers’ political and social values; their economic hopes and fears and their overall satisfaction with life.
The Rise of College Student Borrowing
Graduates who received a bachelor’s degree in 2008 borrowed 50% more than their counterparts who graduated in 1996, while graduates who earned an associate’s degree or undergraduate certificate in 2008 borrowed more than twice what their counterparts in 1996 had borrowed.
Using Census Data to Document Economic Distress
The Census Bureau just released its 2009 American Community Survey statistics, and included some additional analysis to address public interest in using the data to document the impact of the economic downturn.
One Recession, Two Americas
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.
A Third of Public Says It’s Sometimes OK for Homeowners to Stop Making Mortgage Payments
More than a third (36%) of Americans say the practice of “walking away” from a home mortgage is acceptable, at least under certain circumstances.
Since the Start of the Great Recession, More Children Raised by Grandparents
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.
Lost Income, Lost Friends – and Loss of Self-respect
Long-term unemployment takes a much deeper toll than short-term unemployment on a person’s finances, emotional well-being and career prospects.
Interactive: How the Great Recession Has Changed Life in America
Interactive graphic that charts the impact of the “Great Recession” on Americans. Polling data with breakdowns by age, education, race, gender and political affiliation.
How the Great Recession Has Changed Life in America
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.
U.S. Birth Rate Decline Linked to Recession
There is a strong association between the magnitude of fertility change in 2008 across states and key economic indicators including changes in per capita income, housing prices and share of the working-age population that is employed across states.