Table 5: Distribution of Financial Distress by Demographic Characteristics (%, unless
otherwise stated)
|
Panel |
Variable |
No |
Struggle |
Constant Struggle |
Falling Behind |
N |
|
1 |
Age (years) |
56.2 |
30.4 |
8.8 |
4.6 |
871 |
|
25-44 |
53.7 |
33.5 |
8.6 |
4.2 |
2,646 | |
|
45-64 |
65.4 |
24.9 |
7.1 |
2.6 |
2,079 | |
|
65+_____________________ |
83.7 |
12.8 |
3.2 |
0.3 |
1,217 | |
|
2 |
Gender Male |
66.4 |
24.6 |
6.3 |
2.8 |
3,404 |
|
Female_____________________ |
59.5 |
29.0 |
8.2 |
3.4 |
3,409 | |
|
3 |
Marital Status Single |
55.5 |
29.4 |
10.1 |
5.0 |
2,117 |
|
Married |
67.8 |
25.9 |
4.8 |
1.5 |
3,450 | |
|
Widowed/Divorced/Separated |
62.1 |
24.6 |
9.2 |
4.1 |
1,246 | |
|
4 |
Education Lower 2nd Level |
58.6 |
27.8 |
9.7 |
4.0 |
1,779 |
|
Upper 2nd Level |
62.3 |
28.6 |
6.7 |
2.4 |
2,340 | |
|
3rd Level + |
70.5 |
24.3 |
3.4 |
1.8 |
1,303 | |
|
Other1_______________________ |
62.3 |
24.7 |
8.6 |
4.4 |
1,369 | |
|
5 |
Income Quintile 1 (Poorest) |
59.9 |
26.0 |
10.2 |
4.0 |
1,309 |
|
2 |
59.0 |
27.3 |
9.0 |
4.7 |
1.294 | |
|
3 |
59.8 |
28.5 |
7.9 |
3.8 |
1,312 | |
|
4 |
62.6 |
29.0 |
6.1 |
2.4 |
1,311 | |
|
5 (Richest)____________________ |
71.7 |
24.8 |
3.1 |
0.5 |
1,312 | |
|
6 |
Debt Outstanding No Debt |
69.8 |
22.2 |
6.1 |
2.0 |
3,962 |
|
Debt______________________ |
53.4 |
33.1 |
8.8 |
5.0 |
2,851 | |
|
7 |
Work Status Employed |
63.8 |
28.1 |
5.9 |
2.2 |
3,552 |
|
Unemployed |
39.8 |
34.6 |
16.1 |
9.5 |
497 | |
|
Inactive |
49.4 |
33.6 |
11.3 |
5.7 |
1,370 | |
|
Retired______________________ |
82.8 |
13.7 |
3.1 |
0.4 |
1,394 | |
|
Total2___________________________ |
62.9 |
26.8 |
7.2 |
3.1 |
6,813 |
1 The ’Other’ education category only applies to the UK sample, and includes individuals
with overseas education or some other education that they could not match to the British
system. 2 Total percentages differ from Table 2 since we have excluded respondents with no bills/
credit commitments or those who refused to answer or reported that they did not know the answer.
N=6,791 for panel 4 and 6,538 for panel 5.
14
More intriguing information
1. IMMIGRATION POLICY AND THE AGRICULTURAL LABOR MARKET: THE EFFECT ON JOB DURATION2. Surveying the welfare state: challenges, policy development and causes of resilience
3. Skill and work experience in the European knowledge economy
4. Peer Reviewed, Open Access, Free
5. Developmental Robots - A New Paradigm
6. The Impact of Financial Openness on Economic Integration: Evidence from the Europe and the Cis
7. APPLICATIONS OF DUALITY THEORY TO AGRICULTURE
8. The name is absent
9. The name is absent
10. The storage and use of newborn babies’ blood spot cards: a public consultation