Covid-19’s Socio-Economic Impact on Low-Income Benefit Recipients: Early Evidence from Tracking Surveys

The Covid-19 pandemic and ensuing economic crisis have introduced manifold dislocations in Americans’ lives. Using novel survey data samples of SNAP recipients, we examine the socio-economic insecurities faced by low-income/benefits-eligible households during the early months of the crisis. Three repeated online surveys included measures of perceived and realized housing insecurity, food scarcity, new debt accrual, and recent job loss as indicators of Covid-induced shocks. Food insecurity and debt accrual worsened significantly over the course of April 2020. Job losses also compounded, albeit at a slower rate. The proportion of respondents reporting multiple types of precarity increased over the month. Compared to Latinx and White respondents, Black respondents were more likely to experience Covid-induced precarity across three out of four indicators, and they experienced more types simultaneously on average. The results provide early systematic evidence on the economic impact of the Covid-19 crisis on poor Americans, and racial disparities therein.
🖺 Full Text HTML: Covid-19’s Socio-Economic Impact on Low-Income Benefit Recipients: Early Evidence from Tracking Surveys

Source link

Filling cabinet bandungoffice.com | Jasa SEO Jogja boost.web.id | Desain Logo Jakarta merdekastudio.com/m/ | Sewa mobil jogja bursamobiljogja.com | Fire suppression system Adiwarna