“It’s no surprise that Americans are thinking about employment during an election cycle that has done little so far to re-assure the nation that our economy is on strong footing"
Boston, MA (PRWEB) November 01, 2012
More than 38 percent of those polled at ConsumerCredit.com are concerned about job stability and employment prospects as the nation’s unemployment rate lingers at 7.8 percent. Of those surveyed, nearly 60 percent of budget conscious consumers aged 42 -60 identified jobs as the critical issue driving their vote this election season.
Healthcare also ranked high at a time when President Obama and Republican challenger Mitt Romney are sharply divided over the course the U.S. should take to make care accessible and affordable to all Americans.
A little more than 24 percent of those polled ranked healthcare as the most important financial issue facing the nation and ranked highest among those aged 61 -70 at 33 percent. The Web-based survey of budget-conscious Americans was conducted during the month of October at ConsumerCredit.com. Of the more than 240 respondents, nearly half were aged 42 -60.
“It’s no surprise that Americans are thinking about employment during an election cycle that has done little so far to re-assure the nation that our economy is on strong footing,” said Steve Trumble, President and CEO of American Consumer Credit Counseling. “And the pointed debate over healthcare reform has kept policy wonks busy. But everyday Americans simply want to know their families can be cared for during illness without going into financial ruin.”
Tax reform is on the mind of about 21 percent of those surveyed, while student loan debt is the primary concern of close to 17 percent of those who responded, with 63 percent of those respondents aged 18 - 33. A prior survey by ACCC in August 2012 found student debt forcing a large percentage of respondents to delay saving for retirement and put off home purchases. In some cases this crushing burden is even impacting their ability to get married.
“The elephant in the room is that the cost of higher education is crippling the financial health of many American households,” Trumble said. “The next administration – Democrat or Republican – needs to address this crisis head on.
ACCC is a 501(c)3 organization, that provides free credit counseling, bankruptcy counseling, and housing counseling to consumers nationwide in need of financial literacy education and money management. For more information, contact ACCC:
- For credit counseling, call 800-769-3571
- For bankruptcy counseling. call 866-826-6924
- For housing counseling, call 866-826-7180
- For more information on financial education workshops in New England, call 800-769-3571 x1980
- Or visit us online at ConsumerCredit.com
About American Consumer Credit Counseling
American Consumer Credit Counseling (ACCC) is a non-profit 501(c)(3) organization dedicated to empowering consumers to achieve financial health through education, counseling, and debt management. ACCC provides individuals with practical solutions for solving financial problems and recognizes that consumers’ financial difficulties are often not the result of poor spending habits, but more frequently from extenuating circumstances beyond their control. As one of the nation’s leading providers of financial education and credit counseling services, ACCC works with consumers to help them with the best plan of action to reduce their debt and regain financial stability. ACCC is accredited by the Better Business Bureau and holds an A+ rating. It is also a member of the Association of Independent Consumer Credit Counseling Agencies. For more information or to access free financial education resources log on to ConsumerCredit.com or visit TalkingCentsBlog.com.