{"id":2965,"date":"2020-03-26T08:57:00","date_gmt":"2020-03-26T13:57:00","guid":{"rendered":"https:\/\/thesocietypages.org\/trot\/?p=2965"},"modified":"2020-03-26T08:57:00","modified_gmt":"2020-03-26T13:57:00","slug":"portent-of-things-to-come-how-the-great-recession-of-2008-changed-family-life","status":"publish","type":"post","link":"https:\/\/thesocietypages.org\/trot\/2020\/03\/26\/portent-of-things-to-come-how-the-great-recession-of-2008-changed-family-life\/","title":{"rendered":"Portent of Things to Come? How the Great Recession of 2008 Changed Family Life"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"450\" src=\"https:\/\/thesocietypages.org\/trot\/files\/2020\/03\/birthday-grandmother-nieto-granddaughter-600x450.jpg\" alt=\"\" class=\"wp-image-2970\" srcset=\"https:\/\/thesocietypages.org\/trot\/files\/2020\/03\/birthday-grandmother-nieto-granddaughter-600x450.jpg 600w, https:\/\/thesocietypages.org\/trot\/files\/2020\/03\/birthday-grandmother-nieto-granddaughter-300x225.jpg 300w, https:\/\/thesocietypages.org\/trot\/files\/2020\/03\/birthday-grandmother-nieto-granddaughter-768x576.jpg 768w, https:\/\/thesocietypages.org\/trot\/files\/2020\/03\/birthday-grandmother-nieto-granddaughter.jpg 910w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><figcaption>A young girl blows out a birthday candle with help from her grandmother and brother. In times of economic recession, many individuals experiencing hardship receive help from extended family members. Photo via <a href=\"https:\/\/www.wallpaperflare.com\/search?wallpaper=grandparent\">Wallpaper Flare<\/a>.<\/figcaption><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.nytimes.com\/2020\/03\/11\/business\/bear-market-stocks-dow.html\">A few weeks ago, the Dow Jones fell 20% from its high<\/a>. To many this is an indicator of great uncertainty about the future of the market and could be an indication of a coming recession. And this was even before the crisis of COVID-19. In these uncertain economic times, we look back to how the Great Recession of 2008 impacted families\u2019 decision-making including whether or not to have children, where to live, and how much to rely on family members for financial support. Perhaps this recent history can help us imagine what might lie ahead.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Demographers and other social scientists are interested in the fertility rate, or the number of live births over the lifetime of a child-bearing woman. After the Great Recession, the fertility rate fell to below replacement rate (or 2 children per every one woman) for the first time since 1987. Scholars attribute this change in fertility to increased economic uncertainty; people do not feel confident about having a child if they are not sure what will come next. In fact, the fertility rate fell lowest in states with the most uncertainty, those hit hardest by the recession and \u201cred states\u201d concerned about the economic future under Obama.<\/h5>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/sociology.berkeley.edu\/faculty\/daniel-schneider\">Schneider, Daniel<\/a>. 2015. \u201cThe Great Recession, Fertility, and Uncertainty: Evidence  From the United States.\u201d <em>Journal of Marriage and Family<\/em> 77(5):1144\u201356.<\/li><li><a href=\"https:\/\/www.bgsu.edu\/arts-and-sciences\/sociology\/people\/karen-benjamin-guzzo.html\">Guzzo, Karen Benjamin<\/a>, and <a href=\"https:\/\/sociology.osu.edu\/people\/hayford.10\">Sarah R. Hayford<\/a>. 2020. \u201cPathways to Parenthood in  Social and Family Contexts: Decade in Review, 2020<em>.\u201d Journal of Marriage and   Family<\/em> 82(1):117\u201344.<\/li><li><a href=\"http:\/\/www.wittgensteincentre.org\/en\/staff\/member\/sobotka.htm\">Sobotka, Tom\u00e1\u0161<\/a>, <a href=\"https:\/\/www.mailman.columbia.edu\/people\/our-faculty\/vs2551\">Vegard Skirbekk<\/a>, and <a href=\"http:\/\/www.wittgensteincentre.org\/en\/staff\/member\/philipov.htm\">Dimiter Philipov<\/a>. 2011. \u201cEconomic Recession  and Fertility in the Developed World.\u201d <em>Population and Development Review<\/em>  37(2):267\u2013306.<\/li><\/ul>\n\n\n\n<h5 class=\"wp-block-heading\"> During the Great Recession there was also an increase in the number of young adults, both single and married, living with their parents. Rates of both young married adults living with their parents increased in 2006 to reach 1900 levels which is surprising considering that the century between 1900 and 2000 is considered the \u201cage of independence,\u201d when many more young people moved out and established households of their own. This effect was particularly strong for young adults with less education and those who had fewer resources to weather the storm of the recession on their own. <\/h5>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/soc.jhu.edu\/directory\/andrew-j-cherlin\/\">Cherlin, Andrew<\/a>, <a href=\"https:\/\/web.stanford.edu\/~ecumberw\/\">Erin Cumberworth<\/a>, <a href=\"https:\/\/scholars.duke.edu\/person\/pmorgan\">S. Philip Morgan<\/a>, and <a href=\"https:\/\/socialwork.columbia.edu\/faculty-research\/faculty\/research-scientists\/christopher-wimer\/\">Christopher Wimer<\/a>. 2013.  \u201cThe Effects of the Great Recession on Family Structure and Fertility.\u201d <em>The ANNALS of the American Academy of Political and Social Science <\/em>650(1):214\u201331.<\/li><\/ul>\n\n\n\n<h5 class=\"wp-block-heading\">The economic challenges of the late 2000s also may have led to an increase in interpersonal conflict within families. In part, this may stem from the pressure family members feel to serve as a safety net for relatives who are struggling financially. For instance, Jennifer Sherman found that some individuals who were experiencing financial hardship withdrew from their extended family during the Great Recession rather than asking for support. This, along with findings that giving money to family members during the recession increased an individual\u2019s chance of experiencing their own financial stress, raises questions about whether or not family networks can offer support in times of economic turmoil.<\/h5>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/soc.wsu.edu\/people\/faculty-all\/sherman-jennifer\/\">Sherman, Jennifer<\/a>. 2013. \u201cSurviving the Great Recession: Growing Need and the  Stigmatized Safety Net.\u201d<em> Social Problems <\/em>60(4):409\u201332.<\/li><li><a href=\"http:\/\/fordschool.umich.edu\/faculty\/natasha-pilkauskas\">Pilkauskas, Natasha V.<\/a>, <a href=\"https:\/\/sociology.ecu.edu\/about-us\/\">Colin Campbell<\/a>, and <a href=\"https:\/\/socialwork.columbia.edu\/faculty-research\/faculty\/research-scientists\/christopher-wimer\/\">Christopher Wimer<\/a>. 2017. \u201cGiving Unto Others: Private Financial Transfers and Hardship Among Families With Children.\u201d  <em>Journal of Marriage and Family <\/em>79(3):705\u201322.<\/li><\/ul>\n\n\n\n<h5 class=\"wp-block-heading\">As the economic effects of covid-19 are felt across the country, many Americans are preparing for another severe economic downturn. Understanding how the Great Recession influenced family structure and life is an important lens for considering how large economic events shape people\u2019s everyday lived experiences.<\/h5>\n","protected":false},"excerpt":{"rendered":"<p>In these uncertain economic times, we look back to how the Great Recession of 2008 impacted families\u2019 decision-making including whether or not to have children, where to live, and how much to rely on family members for financial support. Perhaps this recent history can help us imagine what might lie ahead.<\/p>\n","protected":false},"author":1952,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,13],"tags":[96219,135,2661,127303,127302,34,127312,70,127313,2712,127300,127311,559,38594,2806,117947,122326,3891,8962,814,127301,13242,38650,116128,3547,127309],"class_list":["post-2965","post","type-post","status-publish","format-standard","hentry","category-culture","category-inequality","tag-birth-rate","tag-demography","tag-economic-downturn","tag-economic-precarity","tag-economic-uncertainty","tag-education","tag-extended-family","tag-family","tag-family-network","tag-family-structure","tag-fertility-rate","tag-financial-hardship","tag-future","tag-grandparents","tag-great-recession","tag-households","tag-married","tag-network","tag-parents","tag-recession","tag-replacement-rate","tag-safety-net","tag-single","tag-social-safety-net","tag-stress","tag-young-married-adults"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/posts\/2965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/users\/1952"}],"replies":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/comments?post=2965"}],"version-history":[{"count":6,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/posts\/2965\/revisions"}],"predecessor-version":[{"id":2972,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/posts\/2965\/revisions\/2972"}],"wp:attachment":[{"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/media?parent=2965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/categories?post=2965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/tags?post=2965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}