Chart showing unemployment spells in the COVID-19 pandemic were as common as in the Great Recession

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April 15, 2022

COVID-19 Pandemic Pinches Finances of America’s Lower- and Middle-Income Families

Chart showing unemployment spells in the COVID-19 pandemic were as common as in the Great Recession

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Chart showing unemployment spells in the COVID-19 pandemic were as common as in the Great Recession

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COVID-19 Pandemic Pinches Finances of America’s Lower- and Middle-Income Families
Chart showing finances of lower- and middle-income families took a hit in the pandemic
Chart showing about three-in-ten lower-income adults had an unemployment spell in 2020
Chart showing who is “middle income” and “upper income”?
Chart showing the COVID-19 pandemic put a stop to strong gains in income from 2010 to 2019 for households in all income tiers
Chart showing unemployment benefits were more widespread during the pandemic than the Great Recession
Chart showing unemployment benefits were a key source of income for lower- and middle-income households receiving them in 2020
Chart showing about one-in-three middle-class adults moved to another income tier from 2020 to 2021, as did similar shares from lower- and upper-income tiers
Chart showing shares of adults staying in their income tier from year-to-year have changed little since 2000
Chart showing share of adults in the middle class has not changed since the Great Recession

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