{"id":16208,"date":"2013-04-01T00:01:30","date_gmt":"2013-04-01T05:01:30","guid":{"rendered":"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/%year%\/%monthnum%\/%day%\/many-americans-particularly-low-income-families-still-facing-financial-stress\/"},"modified":"2024-04-14T04:23:07","modified_gmt":"2024-04-14T09:23:07","slug":"many-americans-particularly-low-income-families-still-facing-financial-stress","status":"publish","type":"short-read","link":"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/2013\/04\/01\/many-americans-particularly-low-income-families-still-facing-financial-stress\/","title":{"rendered":"Many Americans \u2013 Particularly Low-Income Families \u2013 Still Facing Financial Stress"},"content":{"rendered":"

Although the country officially has emerged from recession, most Americans with low family incomes are experiencing financial problems. Overall, 42% of the public say they have faced one or more of the following in the past year: difficulty obtaining or paying for medical care; problems paying their rent or mortgage; or losing a job.<\/p>\n\n

\"\"<\/a><\/figure>\n\n

Among those with family incomes of less than $30,000 a year, 60% have faced one or more of these problems in the past year. By comparison, only about a quarter (24%) of those with incomes over$75,000 report encountering at least one of these problems.<\/p>\n\n

Blacks continue to be much more likely than whites to face these financial problems. About half of blacks (54%) say they have either had problems getting or paying for medical care, trouble affording their rent or mortgage or been laid off. By comparison, 38% of whites have faced one or more of these problems.<\/p>\n\n

When it comes to overall assessments of their personal finances, impressions have changed little in recent years. Nearly four-in-ten (38%) say their finances are in excellent or good shape, while 41% say their finances are only fair and 21% say their finances are poor. While a majority (63%) of those with family incomes of at least $75,000 rate their finances positively, just 19% of those with incomes below $30,000 do the same. Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Six-in-ten low-income Americans say they experienced one or more financial problems in the past 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