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The Recession Is Officially Over, But How Are American Families Faring this Holiday Season?
Retailers report that this year's post-Thanksgiving shopping weekend broke all previous records, raising predictions of "the best holiday shopping season ever." Yet the number of people living in poverty has also broken all previous records - 46.2 million people, the highest number ever recorded and still rising despite the fact that the National Bureau of Economic Research declared the recession over in June 2009. Meanwhile, wealth and income inequality have reached highs not seen in almost a century.
How do we make sense of these seemingly contradictory trends? Some experts claim that government figures greatly overestimate poverty; others counter that they greatly underestimate it, especially for the elderly. Still others argue that poverty in America does not involve outright deprivation, since poor Americans own more amenities, such as television sets and refrigerators, than many middle-class people in other parts of the world.
In a new briefing paper prepared for the Council on Contemporary Families, sociologist Philip N. Cohen of the University of North Carolina explains recent changes in poverty and in income insecurity among the non-poor. Among the report's findings:
The report is attached immediately below this release and available with citations at http://contemporaryfamilies.org/economic-issues/poverty-hardship-families.html
On April 27 and 28, 2012 CCF's annual conference, Crossing Boundaries: Public and Private Roles in Assuring Child Well-Being, will address the issue of how best to protect children in this difficult economic environment. Co-sponsored with the Child and Family Policy Consortium, the conference will assess the extent to which poverty leads families to come to the attention of child protective services and how states are implementing new approaches to address these families' underlying needs, rather than simply opening investigations for neglect. Additional topics include racial-ethnic disparities in reports of child abuse and neglect, strategies for addressing these disparities, and public perceptions of individual, familial and societal responsibilities for child well-being.
To receive future CCF briefing papers and fact sheets, or to request complimentary press passes to the conference, contact Stephanie Coontz, CCF's director of Research and Public Education: coontzs@msn.com;360 352-8117
For further information about CCF visit www.contemporaryfamilies.org.
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