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Recession Jitters Among Professional Class Families: Perceptions of Economic Strain and Family Adjustments

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Journal of Family Issues

Published online on

Abstract

In a follow-up study of family members who participated in a previous study of high work demands, 130 participants from 71 families responded to questions about recent changes in work and financial well-being, as well as daily family adaptations associated with the recession. The general portrait of the families who belonged to an emergent professional class was of relative stability in their work situations. Nevertheless, a substantial percentage perceived financial decline, an increase in the pace of their work, and increasingly rushed feelings at home. Respondents reported financial adjustments in their daily lives. Adjustments in expenses associated with family dining out and with leisure were especially noteworthy when participants reported the perception of financial decline. Results are discussed in light of how the experience of the current recession among families in the professional class differs from experiences of families during previous recessions.