Many Americans say their finances are worse since the Great Recession

The Great Recession is officially over for a decade. For many Americans, there is little reason to celebrate.

According to a new study from the Bankrate.com personal finance website, the finances of many people have not recovered from the recession.

"Tens of millions of people are still struggling to regain their state before, before the economy deteriorates," said Mark Hamrick, Senior Economic Analyst at Bankrate.com.

More than half of Americans who were adults in the middle of the Great Recession said they had suffered some type of negative financial impact, according to Bankrate. And half of these people say that they are worse off than before the crisis.

Less than half (46%) of adults at the time of the recession reported seeing their salary increase since the start of the recession. More than a third of those who say they have lost their job or partner during the recession say that their wages actually fall before the recession. More than 2,700 adults were interviewed online in May.

The median family income, after accounting for inflation, was $ 59,039 in 2016, which was not significantly different from 2000 ($ 58,544). During the same period, the costs of medical care, child care and tuition fees have increased significantly.

While the economy has rebounded since the unemployment rate reached 10% in 2009 and more than 15 million Americans were unemployed. Today, the unemployment rate is 3.6%. Gross Domestic Product, the largest measure of goods and services produced in the United States, grew 2.6% a year in the fourth quarter of 2018. During the recession, it fell 4.3%, the largest decrease since the Second World War.

Still, Hamrick said, "It's not like you can import this data into your personal experiences."

"Surveys of this type help to provide the details and colors of the economy, which reminds us that individual results vary," he said.

The number of people who have recovered from the crisis, he said, has a lot to do with where they live, where they work and the damage caused by the recession. Gender also plays a role.

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Twenty-seven percent of women say their financial situation is worse today than before the recession, compared to 19% of men.

"Women face prejudices in their workplace and this translates into pay and opportunities for advancement," Hamrick said.

He added that the next economic downturn, whenever it occurs, could be particularly damaging. "Many Americans are still emerging from the recession," he said. "Even a modest slowdown will cause more damage to the Americans' personal finances."