Tag: government relief
Introduction The question is how the COVID-19 pandemic affected the finances of the vulnerable households, as well as those with more resources. On one hand, the shutdown of the economy resulted in salary cuts and job losses. On the other hand, many households received substantial government relief – through stimulus payments and unemployment benefits –…
The brief’s key findings are: Before COVID-19, many households said they would have trouble paying a $400 unexpected expense. The question is how COVID, with its mix of job losses and stimulus checks, has affected households’ financial well-being. While the final impact of the three stimulus payments will not be known for several years, preliminary…
