The Most Interesting Money Stats of 2011

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NEW YORK (MainStreet) — With the New Year rapidly approaching, global research company Gallup.com has rounded up its more noteworthy findings of 2011. MainStreet went through the findings to review how Americans felt about their financial situation both this year, individually and as a nation. 

Viewing the stats, it’s hard to say the U.S. had a good year. Here are some of the most noteworthy statistics:

  • Back in February, when a government shutdown seemed imminent, 60% of Americans said they would rather see lawmakers compromise on the federal budget than to stick to their principles and not strike a deal. The shutdown  was ultimately averted.
  • One year after its passage, Americans remained divided on the Obama administration’s health care reform with 46% of residents saying the law was a good thing and 44% saying it was a bad thing.
  • An employment survey in June revealed underemployment affects the well-being of college graduates more than those who are less educated.
  • Research unveiled in July finds the long-term care problem in the U.S. costs $25.2 billion in lost worker productivity annually.
  • More Americans disapproved of the deal struck in Congress to raise the nation’s debt ceiling than those who approved of the deal.
  • In August, three in every 10 American workers feared being laid off, nearing the high exhibited in 2009.
  • An employment survey in October found 30% of 18- to 29-year-olds in the U.S. are underemployed.
  • Gallup shared a spot of good news back in November when it found that the 2011 holiday spending projections were higher than 2010. This increase was delivered on in December when another poll found a 4.1% increase (in spending?) year-over-year during the month leading up to Christmas.
  • Congress ultimately ended the year with a new record-low 11% approval rating.

What were some of MainStreet’s more memorable stories of 2011? Find out in the roundup of our most popular articles!

—Jeanine Skowronski is staff reporter for MainStreet. You can reach her by email at Skowronski.jeanine@thestreet.com, or follow her on Twitter at @JeanineSko.

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