Recession Burdened Individuals Seek Internet Support

2009-07-17 06:10:41 (GMT) (WiredPRNews.com - Press Releases, Technology)

Many Americans have reportedly turned to the Internet for support during the recession.

Many Americans are reportedly turning to the Internet for help during the recession.

Press Release Service – Wired PR News – Many Americans have reportedly found a friend in the Internet when it comes to obtaining beneficial information to help them get through dealing with the prolonged recession. As reported by Reuters, a recent study has shown that approximately 88 percent of Internet users in the U.S. have gone online to get information and assistance with economic issues and problems.

Lee Rainie, Director of the non-profit organization Pew Internet & American Life Project who co-authored the research report is quoted by Reuters as stating, “People are anxious about these hard times. They are more information-hungry than in normal times.” The group is further stated to note that the Internet is a high-ranking source used for personal finance and employment advice. The current recession is the first to involve such enormous web access for this and other types of activity.

As noted in the report, more than half of adult U.S. citizens have been affected by job loss, decreased value of investments, pay cuts, and home values according to the study.

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