Appendix 1.
Recession hardship measure (N = 1275).
Type of recession hardship | Percentage of respondents reporting recession hardship |
---|---|
Job impact | |
Lost a job | 22.0 |
Started a job you did not like | 14.5 |
Taken job below education or experience | 19.3 |
Taken an additional job | 17.3 |
Home impact | |
Missed mortgage or rent | 15.0 |
Been threatened with foreclosure or eviction | 7.7 |
Sold home for less than it cost | 3.5 |
Lost home due to foreclosure | 2.0 |
Lost home due to something other than foreclosure | 1.9 |
Had family or friends move in to save money | 12.9 |
Moved in with family or friends to save money | 8.9 |
Financial impact | |
Declared bankruptcy | 3.9 |
Missed credit card payment | 17.5 |
Missed other debt payment | 14.4 |
Increased credit card debt | 33.8 |
Sold possessions to make ends meet | 26.0 |
Cut back on spending | 79.5 |
Exhausted unemployment benefits | 8.7 |