You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Survey: Majority of Americans Hit by Recession

HeadlineJun 30, 2010

A new survey says the current recession has adversely affected more than half the nation’s working adults. According to the Pew Research Center, nearly half of respondents reported being in worse financial shape than they were before the economic crisis hit over two years ago. More than six in ten say they’ve cut down on borrowing and spending. At a meeting with Federal Reserve Chair Ben Bernanke on Tuesday, President Obama said he hopes to see millions of unemployed Americans put back to work.

President Obama: “There is a great concern about the eight million jobs that were lost during the course of these last two years, and that we’ve got to continually push the pace of economic growth in order to put people back to work. That ultimately is the measure for most Americans of how well the economy is doing.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top