Title

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.

Document Type

Other

Publication Date

2010-09-11

Publisher

Family Relations

Language

English

College

Family, Home, and Social Sciences

Department

Family Life

University Standing at Time of Publication

Associate Professor

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