Equitable Growth’s Household Pulse Graphs: September 2–14 Edition
On September 23rd, the U.S. Census released new data on the effects of the coronavirus pandemic on workers and households. Below are four graphs compiled by Equitable Growth staff highlighting important trends in the data.
For the period of September 2–14, over 50 percent of respondents in households making less than $50K reported having experienced loss of employment income since March 13.
The number of workers filing for Unemployment Insurance benefits remains staggeringly high. Out of the major racial or ethnic groups, Black applicants have been the least likely to receive benefits.
Nearly a quarter of Latinx, Black, and Asian respondents are behind on rent payments. Additionally, Black respondents are struggling to keep up with mortgage payments.
This recession is also hitting those with lower levels of education hardest. Over half of those without a high school degree report having a somewhat or very difficult time paying for usual household expenses.
The post Equitable Growth’s Household Pulse Graphs: September 2–14 Edition appeared first on Equitable Growth.