COVID-19 Pandemic Pinches Finances of America’s Lower- and Middle-Income Families
Nearly one-in-five middle-income families report receiving unemployment benefits in 2020.
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Nearly one-in-five middle-income families report receiving unemployment benefits in 2020.
The gender wage gap is narrower among younger workers nationally, and the gap varies across geographical areas.
Workers who quit a job in 2021 say low pay (63%), no opportunities for advancement (63%) and feeling disrespected at work (57%) were reasons why.
Fewer than half of Black adults say they have a three-month emergency fund, and some have taken multiple jobs to make ends meet.
Immigrants – particularly those from African nations – are a growing share of the U.S. Black population.
American workers in some sectors and industries are seeing far smaller wage gains than those in others.
On key economic outcomes, single adults at prime working age increasingly lag behind those who are married or cohabiting
Earnings overall have held steady through the pandemic in part because lower-wage workers experienced steeper job losses.
17% of the global population could be considered middle income in 2020. Most people were either low income (51%) or poor (10%).
The shares of Americans in each income tier who have home broadband or a smartphone have not significantly changed from 2019 to 2021.
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