8/28/2013

How bad were things even two years into the "recovery"? New info from the Census

From the US Census's America's Families and Living Arrangements: 2012:

States experiencing a larger-than-average increase in families with an unemployed parent between 2005 and 2011 included Nevada (148 percent), Hawaii (95 percent), Florida (93 percent), Connecticut (65 percent), New Jersey (63 percent), California (61 percent), Colorado (56 percent) and North Carolina (54 percent). Estimates for many of these states do not differ from one another. 
The recession affected families in other ways as well. For instance, 24 percent of married mothers with children under 15 were stay-at-home parents before the recession began in 2007. The rate dropped to 23 percent in 2009 and only returned to its prerecession level in 2012. On the other hand, the percentage of married fathers who were stay-at-home parents remained unchanged between 2006 and 2010, then rose slightly in 2011 and 2012 to a higher rate than prior to the beginning of the recession. The percentage remains below 1 percent, however. 
Furthermore, the number of householders with children under 18 who owned their home declined by 15 percent to 20.8 million between 2005 and 2011. In parts of the country, this decline was even sharper. 
Over the same period, the six states with among the steepest drops in homeownership among households with children were Michigan (23 percent), Arizona (22 percent), California (22 percent), Ohio (20 percent), New Hampshire (19 percent) and Florida (19 percent). Estimates for many of these states do not differ statistically from one another. . . . .

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