Pew Report: Internet Use in the Recession

Nearly 7 in 10 Americans (69%), or 88% of US Internet users, have used the Internet to cope with the recession—to hunt for bargains, jobs, ways to upgrade their skills, better investment strategies, housing options, and government benefits—according to a new report from the Pew Internet & American Life Project.

Overview

Though the Internet ranks high among sources of information and advice that people are seeking, especially about personal finances and economic circumstances, broadcast media are used more as sources of news about national economics, finds the report titled "The Internet and the Recession."

To meet the challenges of the current economy, most people consult multiple sources of information and support: They "network" with family, friends, experts, and information sources to make sense of the economy and proposed policy solutions.

The 52% of Americans who have been seriously affected by the recession—those whose investments and house values have plummeted, or those who have struggled in the job market—seek information in ways different from those who have not been hard-hit.

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