Economic Fallout From COVID-19 Continues to Hit Lower-Income Americans the Hardest
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Racial Justice and Equity

Economic Fallout From COVID-19 Continues to Hit Lower-Income Americans the Hardest

Half of adults who say they lost a job due to the coronavirus outbreak are still unemployed

Posted: Oct. 30, 2020
Author(s): Kim Parker, Rachel Minkin, Jesse Bennett
Organization(s): Pew Research Center

A report from the Pew Research Center shows that one-in-four adults have had trouble paying their bills since the coronavirus outbreak started and about one-third have dipped into savings or retirement accounts to make ends meet. These experiences continue to be more common among adults with lower incomes, those without a college degree, and Black and Hispanic Americans.

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