Authorization

Nearly half of American households have lost income since the start of the pandemic

Nearly half of American households have lost income since the start of the pandemic
JUSTIN TALLIS/Getty Imaages



The coronavirus pandemic has cut nearly half of Americans' household incomes, a Bankrate and YouGov survey found.




But household income has gone up during the pandemic, reports Deutsche Bank.




That's because two-thirds of Americans collecting unemployment are earning nearly $500 a week more than they would have in a previous year.




Visit Business Insider's homepage for more stories.



The coronavirus pandemic has disrupted nearly half of Americans' household incomes.
In a recent Bankrate and YouGov survey, 49% of Americans said their household income was negatively impacted. The survey polled 3,753 adults in June. Young adults were hit hardest — 60% of those ages 18 to 34 said their household income was affected for the worse.
This includes being laid off or furloughed, receiving a pay cut, working on reduced hours, and being unable to operate their business as usual. Respondents were also able to select "other" as an option.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Август 2020    »
ПнВтСрЧтПтСбВс
 12
3456789
10111213141516
17181920212223
24252627282930
31