Search results
Jul 18, 2022 · 75% of middle-class households say their income is falling behind the cost of living. Published Mon, Jul 18 20221:57 PM EDT Updated Mon, Jul 18 20223:03 PM EDT. Sarah O’Brien @sarahtgobrien. Key...
Feb 8, 2023 · Using multiple pre-pandemic data sources, the study takes a closer look at people living in the bottom family income quintile, examining their family income, debt and assets levels, as well as some indicators of economic hardship.
Apr 28, 2022 · Middle-class U.S. families have been treading water for decades—weighed down by stalled income growth and rising prices—but the runaway inflation that has emerged from the pandemic is sending...
Apr 20, 2022 · The financial hardships caused by the COVID-19 recession in the U.S. were endured mostly by lower- and middle-income families. From 2019 to 2020, the median income of lower-income households decreased by 3.0% and the median income of middle-income households fell by 2.1%.
Households that experienced a COVID-19-related job or income loss were two to three times more likely to experience economic hardship than those who did not experience a loss, with...
Sep 24, 2020 · Lower-income adults who were laid off due to the coronavirus are less likely to be working now than middle- and upper-income adults who lost their jobs (43% vs. 58%). Adults ages 18 to 29 are less likely than those 30 to 64 to have returned to their previous job.
Dec 21, 2020 · When the pandemic began in March of 2020, unemployment skyrocketed, the stock market crashed, and millions of families faced economic hardship, with no known end.
