Household Financial Stability Initiative

St. Louis on the Air
8:03 pm
Mon February 4, 2013

Restoring Household Financial Stability Post Recession

Federal Reserve Bank of St. Louis

Digging out of an economic crisis can be a lot more complicated than getting in to one and can take a lot more time, too.  While there are positive signs that we are climbing out of the recession, there is still considerable fallout, especially for young couples and recent college grads. 

Jobs are still hard to find for newcomers in the job market and college debt is overwhelming for many. The housing market decline, and resulting loss of wealth, was especially painful for young home owners. 

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