During the 1930’s Great Depression women were not in the workforce like they are today (in terms of numbers) – we know that. As a result the impact was more severe on families back then when the family patriarch lost his job.
Fast forward to today, in an age of extreme materialism where many families and women choose fancy SUV’s and houses over raising their children, and yes they are somewhat insulated from unemployment.
They have also raised the cost of living as well.
On the other hand, there are still many people like myself who choose to live a modest life, in a 1500 sq. ft. house in an affordable area (for the working class) that allows one parent or the other to raise their children – because they make that a priority over SUV’s and houses.
I live in an area like that too, but not working class, in upstate NY. There are many many moms (& a few dads) home with the kids.
Here it is affordable to stay home and still have an SUV, big beautiful home, etc, but you have to shovel snow occasionally….
I live in an area like that too, but not working class, in upstate NY. There are many many moms (& a few dads) home with the kids.
Here it is affordable to stay home and still have an SUV, big beautiful home, etc, but you have to shovel snow occasionally….
I live in an area like that too, but not working class, in upstate NY. There are many many moms (& a few dads) home with the kids.
Here it is affordable to stay home and still have an SUV, big beautiful home, etc, but you have to shovel snow occasionally….
I live in an area like that too, but not working class, in upstate NY. There are many many moms (& a few dads) home with the kids.
Here it is affordable to stay home and still have an SUV, big beautiful home, etc, but you have to shovel snow occasionally….
I live in an area like that too, but not working class, in upstate NY. There are many many moms (& a few dads) home with the kids.
Here it is affordable to stay home and still have an SUV, big beautiful home, etc, but you have to shovel snow occasionally….
Aggregate unemployment numbers lack sufficient granularity to provide any useful insight. The linked data is not perfect, but look at the disparity between cities like Del Mar (5%) versus Escondido (10.5%). This is one reason why high end areas exhibit sticky prices, especially older established neighborhoods with limited new construction during the bubble years.
Aggregate unemployment numbers lack sufficient granularity to provide any useful insight. The linked data is not perfect, but look at the disparity between cities like Del Mar (5%) versus Escondido (10.5%). This is one reason why high end areas exhibit sticky prices, especially older established neighborhoods with limited new construction during the bubble years.
Aggregate unemployment numbers lack sufficient granularity to provide any useful insight. The linked data is not perfect, but look at the disparity between cities like Del Mar (5%) versus Escondido (10.5%). This is one reason why high end areas exhibit sticky prices, especially older established neighborhoods with limited new construction during the bubble years.
Aggregate unemployment numbers lack sufficient granularity to provide any useful insight. The linked data is not perfect, but look at the disparity between cities like Del Mar (5%) versus Escondido (10.5%). This is one reason why high end areas exhibit sticky prices, especially older established neighborhoods with limited new construction during the bubble years.
