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Americans Haven't Recovered From the Recession

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Americans Haven't Recovered From the Recession


June 17, 2019
money and pocketbook
Photo: Unsplash/Katie Harp Pinterest Manager

CNBC reports that many Americans feel that their financial situation has worsened since the Great Recession.

“There are still tens of millions who are struggling to even get back to where they were before the economy took a turn for the worse,” said Mark Hamrick, senior economic analyst at Bankrate.com.

Fewer than half (46%) of those who were adults at the time of the recession say they’ve seen their paychecks grow since before it began. More than a third of those who say they, or their partner, lost a job during the recession say their pay has actually dropped from before the recession. More than 2,700 adults were interviewed online in May.

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