Economic Insecurity and Family Well-Being

2015 ◽  
Author(s):  
Janice Berry-Edwards
Keyword(s):  
Great Recession ◽  
Well Being ◽  
Economic Security ◽  
Economic Insecurity ◽  
The Great Recession ◽  
The Family ◽  
American Society ◽  
Multiple Strains ◽  
The Impact

Economic insecurity and family Well-Being is a growing concern for American society. With the dramatic changes that occurred following the “great recession” of 2008, and the lingering effects since, families have experienced stressors and multiple strains in their adjustment to the impact of the changing fiscal climate and their financial demands. To understand the experience of economic insecurity, an understanding of economic security is helpful in providing a context for how these two dynamics emanate and impact families and their Well-Being. This article provides a glimpse of how the fragility of the economy and the mental tax experienced by the family are inextricably interdependent and connected.

Grandparent Coresidence and Family Well-Being

2014 ◽  
Vol 654 (1) ◽  
pp. 110-126 ◽  
Author(s):  
Rachel E. Dunifon ◽  
Kathleen M. Ziol-Guest ◽  
Kimberly Kopko
Keyword(s):  
Marital Status ◽  
Great Recession ◽  
Living Arrangements ◽  
Well Being ◽  
Future Research ◽  
The Great Recession ◽  
The Family ◽  
New Research ◽  
Economic Well Being

U.S. children today have increasingly diverse living arrangements. In 2012, 10 percent of children lived with at least one grandparent; 8 percent lived in three-generational households, consisting of a parent and a grandparent; while 2 percent lived with a grandparent and no parent in the household. This article reviews the literature on grandparent coresidence and presents new research on children coresiding with grandparents in modern families. Findings suggest that grandparent coresidence is quite common and that its prevalence increased during the Great Recession. Additionally, these living arrangements are diverse themselves, varying by the marital status of the parent, the home in which the family lives, and the economic well-being of the family. Suggestions for future research are also proposed.

The Great Recession and Life Satisfaction

2017 ◽  
Author(s):  
John Ifcher ◽  
Amanda Cabacungan
Keyword(s):  
Life Satisfaction ◽  
Great Recession ◽  
Housing Price ◽  
Well Being ◽  
Wealth Effects ◽  
Retirement Age ◽  
Behavioral Risk ◽  
Subjective Well Being ◽  
The Great Recession ◽  
The Impact

Using data from the US Centers for Disease Control and Prevention’s Behavioral Risk Factor Surveillance System, we examine the impact of the Great Recession on subjective well-being (as measured by life satisfaction) and attempt to identify disparate effects by age. We find that those approaching retirement age (aged 55 to 64) experienced reduced life satisfaction after the recession, whereas younger working-aged adults did not. The disparate effects by age cannot be explained by income or unemployment trends, but may be explained by wealth effects. For example we find that the life satisfaction of those approaching retirement age, but not of younger working-age adults, is closely correlated with wealth indices (e.g. the Case–Shiller Housing Price Index and the S&P 500 Index).

scholarly journals Framing immigrants as seekers of social benefits: a transnational examination of the impact of the Great Recession at the family-level and the development of anti-immigrant anxieties

2019 ◽  
Vol 9 (16) ◽  
Author(s):  
Luis Fernández-Barutell
Keyword(s):  
United States ◽  
United Kingdom ◽  
Great Recession ◽  
The United States ◽  
Social Benefits ◽  
Southern Europe ◽  
The Great Recession ◽  
The Family ◽  
The Impact

Substantial research has addressed the association between economic factors (e.g., employment rate) and perception of immigrants among the general public in the host societies. This study used the Transatlantic Trends Survey 2014 to examine whether the characterization of immigrants as social benefits seekers is related to one´s family financial situation being greatly affected by the Great Recession. We conducted a series of ordinal logistic regressions to compare three different geopolitical contexts, namely the United States, the Southern Europe region, and the triad France-Germany-United Kingdom. Our results confirmed that framing immigrants as social benefits seekers is indeed related to one´s family being greatly impacted by the Great Recession. Significantly, the direction of such association varies among contexts, as those greatly impacted by the crisis in Southern Europe showed lower odds of framing immigrants as social benefits seekers, while the opposite happening in both the United States and the triad France-Germany-United Kingdom. Recommendations for practice and research are discussed. 

scholarly journals CUMULATIVE ADVANTAGE IN CHANGING ECONOMIC TIMES: STRESS, DISTRESS, AND FUTURE PROSPECTS FOR AGING COHORTS

2019 ◽  
Vol 3 (Supplement_1) ◽  
pp. S418-S418
Author(s):  
Dale Dannefer ◽  
Stephen Crystal ◽  
Angela O’Rand
Keyword(s):  
Life Course ◽  
Great Recession ◽  
Late Life ◽  
Later Life ◽  
Well Being ◽  
Historical Change ◽  
Cumulative Advantage ◽  
Long Term Effects ◽  
The Great Recession ◽  
The Impact

Abstract Processes of cumulative dis/advantage operate within cohorts and across historical time. In the ongoing dance of age, cohort and period, each cohort encounters distinctive social and economic environments at particular ages that may ameliorate or exacerbate the cumulative and systemic processes of inequality production that operate over its collective life course. We explore issues of current and future late-life inequality and its consequences. As overall income inequality has grown, what are the likely consequences for late-life outcomes? How have cohorts currently in midlife been affected by the Great Recession of 2008 and subsequent recovery? What are the mental and physical consequences of these developments, and to what extent can they be ameliorated by interventions in middle and later adulthood? This symposium addresses how variation in economic circumstances and social and psychological stresses may affect outcomes over the life course, and how these complex, interacting processes can be best conceptualized and examined. One paper examines the impact of the Great Recession and subsequent events on the intracohort distribution of income, suggesting inordinate setbacks during the Recession with likely long-term effects for economically vulnerable subpopulations. Another explores the role of psychosocial stressors in the process of cumulative dis/advantage, focusing on linkages between functional limitations and psychological well-being in later life, and how these linkages are amplified by diverse dimensions of disadvantage (e.g., education, employment; coping strategies; caregiving). A third paper examines the intergenerational dimensions of cumulative advantage processes. Finally, contrasting theoretical frameworks for apprehending life-course processes and historical change will be explored.

Growing up in Poverty: Children and the Great Recession in Spain

2017 ◽  
Author(s):  
Sara Ayllón
Keyword(s):  
Great Recession ◽  
Social Protection ◽  
Child Poverty ◽  
Well Being ◽  
Economic Downturn ◽  
Growing Up ◽  
The Great Recession ◽  
The Business Cycle ◽  
The Impact ◽  
Economic Well Being

This chapter provides a diagnosis of the economic ill-fare of Spanish children since 2008 with the objective of assessing the impact that the Great Recession has had on them. The results show children’s great economic vulnerability to changes in the business cycle. The Great Recession has had important consequences on the economic well-being of many children—not only because of the sky-high unemployment rates of the adults that look after them, but also because of the lack of a generous and comprehensive social protection system that can be relied upon when the economy slows down. Notwithstanding this, it is important to remember that child poverty was a major social problem in Spain before this economic downturn.

Financial Crisis and Migrant Domestic Workers in Spain: Employment Opportunities and Conditions during the Great Recession

2018 ◽  
Vol 53 (4) ◽  
pp. 1209-1229 ◽  
Author(s):  
Zenia Hellgren ◽  
Inmaculada Serrano
Keyword(s):  
Great Recession ◽  
Domestic Workers ◽  
Job Destruction ◽  
The Great Recession ◽  
The Family ◽  
Job Conditions ◽  
The Impact ◽  
Depth Interviews ◽  
Female Migrant ◽  
Migrant Domestic Workers

This article explores the impact of the Great Recession on migrant domestic workers in Spain. We argue that the domestic service sector’s relative resistance to job destruction has transformed it to some extent into a refuge activity for unemployed women from other sectors, both migrants and native Spanish workers. This leads to intensified competition over jobs and increasing stratification among domestic workers, with serious consequences both for migrant women’s opportunities to make a living in Spain and for their migration projects at an international level. Based on 90 in-depth interviews with female migrant domestic workers and stakeholders, we find that this group of workers has been seriously affected by unemployment, underemployment, and worsened job conditions. As a consequence, new and already settled migrants find the chances to gain their livelihood in Spain substantially reduced, and many of those who migrated in order to support the family back home through remittances, or to save some money and eventually return, are at present unable to do so.

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