The Effects on the Family of the Economic Crisis and Particularly of Unemployment PDF Download
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Author: COUNCIL OF EUROPE.
Publisher:
ISBN:
Category : Families
Languages : en
Pages :
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Author: COUNCIL OF EUROPE.
Publisher:
ISBN:
Category : Families
Languages : en
Pages :
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Author: David B. Grusky
Publisher: Russell Sage Foundation
ISBN: 1610447506
Category : Business & Economics
Languages : en
Pages : 342
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Book Description
Officially over in 2009, the Great Recession is now generally acknowledged to be the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled—peaking at more than 10 percent. The collapse of the housing market and subsequent equity market fluctuations delivered a one-two punch that destroyed trillions of dollars in personal wealth and made many Americans far less financially secure. Still reeling from these early shocks, the U.S. economy will undoubtedly take years to recover. Less clear, however, are the social effects of such economic hardship on a U.S. population accustomed to long periods of prosperity. How are Americans responding to these hard times? The Great Recession is the first authoritative assessment of how the aftershocks of the recession are affecting individuals and families, jobs, earnings and poverty, political and social attitudes, lifestyle and consumption practices, and charitable giving. Focused on individual-level effects rather than institutional causes, The Great Recession turns to leading experts to examine whether the economic aftermath caused by the recession is transforming how Americans live their lives, what they believe in, and the institutions they rely on. Contributors Michael Hout, Asaf Levanon, and Erin Cumberworth show how job loss during the recession—the worst since the 1980s—hit less-educated workers, men, immigrants, and factory and construction workers the hardest. Millions of lost industrial jobs are likely never to be recovered and where new jobs are appearing, they tend to be either high-skill positions or low-wage employment—offering few opportunities for the middle-class. Edward Wolff, Lindsay Owens, and Esra Burak examine the effects of the recession on housing and wealth for the very poor and the very rich. They find that while the richest Americans experienced the greatest absolute wealth loss, their resources enabled them to weather the crisis better than the young families, African Americans, and the middle class, who experienced the most disproportionate loss—including mortgage delinquencies, home foreclosures, and personal bankruptcies. Lane Kenworthy and Lindsay Owens ask whether this recession is producing enduring shifts in public opinion akin to those that followed the Great Depression. Surprisingly, they find no evidence of recession-induced attitude changes toward corporations, the government, perceptions of social justice, or policies aimed at aiding the poor. Similarly, Philip Morgan, Erin Cumberworth, and Christopher Wimer find no major recession effects on marriage, divorce, or cohabitation rates. They do find a decline in fertility rates, as well as increasing numbers of adult children returning home to the family nest—evidence that suggests deep pessimism about recovery. This protracted slump—marked by steep unemployment, profound destruction of wealth, and sluggish consumer activity—will likely continue for years to come, and more pronounced effects may surface down the road. The contributors note that, to date, this crisis has not yet generated broad shifts in lifestyle and attitudes. But by clarifying how the recession’s early impacts have—and have not—influenced our current economic and social landscape, The Great Recession establishes an important benchmark against which to measure future change.
Author: Irwin Garfinkel
Publisher: Russell Sage Foundation
ISBN: 1610448596
Category : Social Science
Languages : en
Pages : 365
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Many working families continue to struggle in the aftermath of the Great Recession, the deepest and longest economic downturn since the Great Depression. In Children of the Great Recession, a group of leading scholars draw from a unique study of nearly 5,000 economically and ethnically diverse families in twenty cities to analyze the effects of the Great Recession on parents and young children. By exploring the discrepancies in outcomes between these families—particularly between those headed by parents with college degrees and those without—this timely book shows how the most disadvantaged families have continued to suffer as a result of the Great Recession. Several contributors examine the recession’s impact on the economic well-being of families, including changes to income, poverty levels, and economic insecurity. Irwin Garfinkel and Natasha Pilkauskas find that in cities with high unemployment rates during the recession, incomes for families with a college-educated mother fell by only about 5 percent, whereas families without college degrees experienced income losses three to four times greater. Garfinkel and Pilkauskas also show that the number of non-college-educated families enrolled in federal safety net programs—including Medicaid, the Earned Income Tax Credit, and the Supplemental Nutrition Assistance Program (or food stamps)—grew rapidly in response to the Great Recession. Other researchers examine how parents’ physical and emotional health, relationship stability, and parenting behavior changed over the course of the recession. Janet Currie and Valentina Duque find that while mothers and fathers across all education groups experienced more health problems as a result of the downturn, health disparities by education widened. Daniel Schneider, Sara McLanahan and Kristin Harknett find decreases in marriage and cohabitation rates among less-educated families, and Ronald Mincy and Elia de la Cruz-Toledo show that as unemployment rates increased, nonresident fathers’ child support payments decreased. William Schneider, Jeanne Brooks-Gunn, and Jane Waldfogel show that fluctuations in unemployment rates negatively affected parenting quality and child well-being, particularly for families where the mother did not have a four-year college degree. Although the recession affected most Americans, Children of the Great Recession reveals how vulnerable parents and children paid a higher price. The research in this volume suggests that policies that boost college access and reinforce the safety net could help protect disadvantaged families in times of economic crisis.
Author: Family Society of Philadelphia
Publisher:
ISBN:
Category : Home
Languages : en
Pages : 50
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Author: Family Society of Philadelphia, Inc
Publisher:
ISBN:
Category : Families
Languages : en
Pages : 52
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Book Description
Author: Jeffrey R. Brown
Publisher: University of Chicago Press
ISBN: 022620183X
Category : Business & Economics
Languages : en
Pages : 343
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Book Description
The recent financial crisis had a profound effect on both public and private universities. Universities responded to these stresses in different ways. This volume presents new evidence on the nature of these responses and how the incentives and constraints facing different institutions affected their behavior.
Author: Patricia Voydanoff
Publisher: SAGE Publications, Incorporated
ISBN:
Category : Business & Economics
Languages : en
Pages : 318
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Book Description
Families and Economic Distress depicts the economic, psychological, and familial consequences of unemployment, reviews political responses to economic hardships, and provides policy recommendations. Interdisciplinary scholars offer divergent approaches and perspectives, providing a multifaceted yet well-integrated discussion of what unemployment means for families and how policies could alleviate the hardships these families experience. Individual sections consider: the effect of economic dislocation; coping with economic distress; understanding unemployment; political responses to economic distress; the sources and impact of federal policy. Reliance on sophisticated methodologies, incorporation of r
Author: Family Welfare Association of America
Publisher:
ISBN:
Category : Families
Languages : en
Pages : 40
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Author: Bea Cantillon
Publisher: Oxford University Press
ISBN: 0192518895
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
The 2008 financial crisis triggered the worst global recession since the Great Depression. Many OECD countries responded to the crisis by reducing social spending. Through 11 diverse country case studies (Belgium, Germany, Greece, Hungary, Ireland, Italy, Japan, Spain, Sweden, United Kingdom, and the United States), this volume describes the evolution of child poverty and material well-being during the crisis, and links these outcomes with the responses by governments. The analysis underlines that countries with fragmented social protection systems were less able to protect the incomes of households with children at the time when unemployment soared. In contrast, countries with more comprehensive social protection cushioned the impact of the crisis on households with children, especially if they had implemented fiscal stimulus packages at the onset of the crisis. Although the macroeconomic 'shock' itself and the starting positions differed greatly across countries, while the responses by governments covered a very wide range of policy levers and varied with their circumstances, cuts in social spending and tax increases often played a major role in the impact that the crisis had on the living standards of families and children.
Author: Mirra Komarovsky
Publisher: Rowman Altamira
ISBN: 0759115257
Category : Social Science
Languages : en
Pages : 185
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Book Description
In The Unemployed Man and His Family, noted sociologist and feminist Mirra Komarovsky poses the question: what happens to the authority of the male head of the family when he fails as a provider? Between 1935 and 1936, Komarovsky interviewed 59 families in 1935-36 in which the male had been unemployed for at least a year. Interestingly, in many cases, the husband's struggle in the economic sphere did not offset the solidity and happiness of the marital relationship. But unemployment seems to have affected the men's sense of their own position as head of household and providers. For one thing, it undermined their sense of themselves as breadwinners. Most found it unbearably humiliating to accept relief. Perhaps her most important finding_which still resonates today_was that those men who thought of themselves exclusively as providers suffered far more than those who had developed alternative identities as father and husband.
