A Note From the Guest Coordinator
Keywords
unemployment, recession, family, marriage
Abstract
Many are familiar with the financial ruin the recent recession effected: U.S. unemployment above 10%, foreclosure rates at all time highs, and multitrillion dollar investment and home equity losses. Behind the easily calculated financial costs of the recession, though, are costs that are less easily defined—the individual and family costs. For example, home foreclosures likely exacerbated stress for many families. Unemployment probably took its toll on cohabiting and married couples' relationship quality. Finally, as older individuals watched retirement savings dwindle, many may have postponed retirement—some perhaps indefinitely.
Original Publication Citation
Dew, J. P. (2010). Introduction to finances, families, and hard times. Family Relations, 59. 341–342.
BYU ScholarsArchive Citation
Dew, Jeffrey P., "A Note From the Guest Coordinator" (2010). Faculty Publications. 4501.
https://scholarsarchive.byu.edu/facpub/4501
Document Type
Other
Publication Date
2010-09-11
Permanent URL
http://hdl.lib.byu.edu/1877/7308
Publisher
Family Relations
Language
English
College
Family, Home, and Social Sciences
Department
Family Life
Copyright Use Information
http://lib.byu.edu/about/copyright/