Navigation Links
Older Americans: How they are faring in the recession
Date:9/17/2009

eported that they are "under water," owing more on their home than it is worth. About 3 percent of those with a mortgage said they had fallen behind on payments, but just three-tenths of one percent reported they had entered foreclosure.

"Many more older Americans are experiencing the financial crisis through the housing troubles of their children than through their own difficulties," Weir said. "Nearly 10 percent said someone else in their family had fallen behind on a mortgage."

Nearly 24 percent surveyed after the crisis said they were not satisfied with their financial situation, compared to about 17 percent when they were surveyed in 2008.

Weir found that the recession and the resulting financial losses were taking a psychological toll on older Americans as well. About 53 percent surveyed before the crisis reported experiencing no symptoms of depression, such as restless sleep, feeling sad, or feeling that everything was an effort. After the crisis, that percentage dropped by 9 percentage points, to about 44 percent. Those reporting four or more symptoms of depression---a level consistent with a diagnosis of clinically significant depression --increased from 11 percent before the crisis to 18 percent after the crisis.

"Anxiety produced by the financial crisis, whether about their own situation, their children's or the nation's, is having an impact on the mental health of older Americans that, if it persists, could have effects on physical health, as well, given what we know about the influence of depression on physical health," he said.

However, Weir found no differences in alcohol consumption among older Americans surveyed before and after the crisis, suggesting that while people may be feeling more depressed, they are not changing their core behaviors.

But, Weir said, while older Americans have been affected by the economic crisis that began last fall, and continue to feel the effects, they are coping rela
'/>"/>

Contact: Diane Swanbrow
swanbrow@umich.edu
734-647-9069
University of Michigan
Source:Eurekalert

Page: 1 2 3

Related medicine news :

1. Brain Training Keeps Older Drivers Safe Behind the Wheel
2. Small Business Owners and Stockholders Agree on Ten Crucial Health Care Reform Issues, According to New Zogby/O'Leary Poll
3. KV Pharmaceutical Receives Stockholder Action by Written Consent
4. Watchful Waiting Works for Older Men With Prostate Cancer
5. Aethlon Medical Releases Shareholder Letter
6. EQLB Releases Letter to Shareholders
7. Technologies That Redefine Care for Older Americans to be Focus of Conference Session Led by Center for Technology and Aging
8. Nationwide Health Data Exchange Allows Health Provider Payers to Cooperate in Decreasing Waste and Helping Policyholder Costs
9. KV Pharmaceutical Sets Record Date for Stockholder Action by Written Consent
10. Study: Hairstylists can help identify older clients who need health services
11. MDS Announces Special Meeting of Shareholders and Record Date
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/10/2014)... (PRWEB) July 11, 2014 The Capital ... has performed the first procedure in a clinical trial ... inserted in the leg. , During the procedure, done ... Veznedaroglu, an endovascular neurosurgeon, threaded a tiny catheter through ... the body and neck and into the brain. Once ...
(Date:7/10/2014)... acids had healthier joints than those fed diets high ... to Duke Medicine researchers. , The findings, published in ... on July 11, 2014, suggest that unhealthy dietary fats ... osteoarthritis. , "Our results suggest that dietary factors play ... link between obesity and osteoarthritis," said Farshid Guilak, Ph.D., ...
(Date:7/10/2014)... More than 200 experts on aggression, ... street violence, will attend the 21st World Meeting of ... (ISRA) at the Loews Atlanta Hotel, July 15-19. , ... world meeting, which is held every other year on ... together leading scholars from more than 20 different countries, ...
(Date:7/10/2014)... (PRWEB) July 10, 2014 Fatigue, ... for an increasing number of accidents in the ... Safety Reboot. The articles highlight safety issues that ... 317 million accidents occur on the job annually, ... features continue to explore "preventable workplace accidents." , ...
(Date:7/10/2014)... Wisconsin (PRWEB) July 10, 2014 Ticketability.com has ... Tour,” and now Paul McCartney tickets for San Diego are ... in San Diego since 1976, and the newly added September ... California fans. , Click Here to view the ... tickets for Petco Park will become available to the general ...
Breaking Medicine News(10 mins):Health News:New Trial Delivers Chemotherapy to Brain Tumor Through Artery in Leg 2Health News:New Trial Delivers Chemotherapy to Brain Tumor Through Artery in Leg 3Health News:Omega 3 fatty acids lessen severity of osteoarthritis in mice 2Health News:Georgia State Hosts National Conference On Aggression 2Health News:Georgia State Hosts National Conference On Aggression 3Health News:Georgia State Hosts National Conference On Aggression 4Health News:Safety Reboot Magazine Focuses on: Why Extended Hours is Dangerous in the Workplace; Why Custodial Work Can be Dangerous; and Improving Safety for Roofers 2Health News:Safety Reboot Magazine Focuses on: Why Extended Hours is Dangerous in the Workplace; Why Custodial Work Can be Dangerous; and Improving Safety for Roofers 3Health News:Paul McCartney Tickets for San Diego: Ticketability.com Announces Discounted Tickets for McCartney’s Tour Stop at Petco Park on September 28 2
... Every Birth is Safe for Pregnant Women , ... , , ... ... NEW YORK , March 22 ...
... ... ... ... WASHINGTON , March 22 With the passage of the historic health care legislation, the National Medical ...
... has been a major increase in the incidence of ... differing opinions as to why this is (environment, vaccines, ... are still many children who have autistic traits that ... the support they need through educational or health services. ...
... Cycling jerseys and ... ... announced today the addition of a durable, visible and practical backpack for cyclists with ... to help remind motorists to give cyclists at least 3 feet clearance when passing them from ...
... and Services for the Aging, on passage of Health Reform Legislation: , ... , , ... ... "We commend the U.S. ...
... Capital 2010 High Yield Bond and Syndicated Loan Conference in Phoenix, Ariz. , on March 24-26, 2010 . , ... , , ... ... HealthSouth Senior Vice ...
Cached Medicine News:Health News:Amnesty International Urges Congress to Turn Attention to Needed Reforms on Maternal and Childbirth Care 2Health News:Amnesty International Urges Congress to Turn Attention to Needed Reforms on Maternal and Childbirth Care 3Health News:Amnesty International Urges Congress to Turn Attention to Needed Reforms on Maternal and Childbirth Care 4Health News:Amnesty International Urges Congress to Turn Attention to Needed Reforms on Maternal and Childbirth Care 5Health News:National Medical Association, Health System Reform - From Legislation to Implementation 2Health News:National Medical Association, Health System Reform - From Legislation to Implementation 3Health News:New Backpack for Cyclists Sends a Polite Message to Motorists: '3 Feet Please' 2Health News:New Backpack for Cyclists Sends a Polite Message to Motorists: '3 Feet Please' 3Health News:AAHSA Statement on Passage of Health Reform Legislation 2Health News:HealthSouth To Present at Barclays Capital 2010 High Yield Bond and Syndicated Loan Conference 2Health News:HealthSouth To Present at Barclays Capital 2010 High Yield Bond and Syndicated Loan Conference 3
(Date:7/10/2014)... 11. Juli 2014  Dilon Technologies, ... die molekulare Bildgebung, einschließlich molekularer Bildgebung ... CE-Zulassung für sein Navigator ® -Gamma-Sondensystem ... das Produkt jetzt europaweit vertreiben. Dilon ... der europäischen Länder ausgedehnt und bereits ...
(Date:7/10/2014)... , July 10, 2014  The U.S. Department ... three-year grant to University Hospitals (UH) Case Medical Center ... new national model aimed at improving care for patients ... Care," the project will test a unique model developed ... with late-stage disease, significant comorbidities, or demonstrated need for ...
(Date:7/10/2014)... CARLSBAD, Calif. , July 10, 2014 /PRNewswire/ ... products and services, has launched the FreeRunner™ knee ... runners, who suffer from patella mal-tracking return to ... anatomy differently than other braces, providing support when ... move normally when they don,t. Patellofemoral ...
Breaking Medicine Technology:Dilon erhält CE-Zulassung für sein Navigator-Gamma-Sondensystem 2University Hospitals Case Medical Center Awarded $4.7 Million Grant from U.S. Department of Health and Human Services 2University Hospitals Case Medical Center Awarded $4.7 Million Grant from U.S. Department of Health and Human Services 3University Hospitals Case Medical Center Awarded $4.7 Million Grant from U.S. Department of Health and Human Services 4Breg Introduces Knee Brace to Help Runners with Patellofemoral Pain Syndrome 2
... ROCHESTER, N.Y., Sept. 8 VirtualScopics, Inc. (Nasdaq: ... for clinical trials, announced today that Ms. Molly Henderson, ... presenting a corporate overview at the Rodman & Renshaw ... City. Ms. Henderson,s presentation will be on Tuesday, September ...
... N.J., Sept. 8 Today every major pharmaceutical industry ... the future of pharma.  In an unprecedented move, they,re ... the big names in pharma.  All in one place. ... at the Pharma CI Conference & Exhibition at the ...
Cached Medicine Technology:VirtualScopics to Present at the Upcoming Rodman & Renshaw Annual Global Investment Conference 2Pharmaceutical Industry Insiders, VIPs All Coming Together for Future of Pharma Market, Pharmaceutical Competitive Intelligence 2
Part of the GraFix® Cruciate Reconstruction System, which is designed to facilitate arthroscopic anterior cruciate ligament reconstructions....
... Sgarlato Lab's bring a new standard in the ... by Sgarlato Labs. Made of medical grade silicone, ... patient with a high level of flexibility while ... Rods are available in varying stiffnesses. Lengths are ...
... Implant (KGTI) system offers the latest technology ... MPJ. The implant system is anatomically designed ... ,The KGTI is the most advanced reconstructive ... on the market today. The system consists ...
... has been approved for use as an ... seizures in adults and adolescents over 12 ... that are refractory to antiepileptic medications. This ... controlled, clinical trials. Efficacy, measured as median ...
Medicine Products: