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1 1 (November 09, 2020)

handle is hein.crs/govdclz0001 and id is 1 raw text is: Congressional Research Servik COVID-19 Pandemic's Impact on Household Employment and Income Updated November 9, 2020 The Coronavirus Disease 2019 (COVID-19) pandemic has affectedhouseholds in numerous ways, including shuttering business and schools, resulting in an economic recession and loss of employment income. An experimental U.S. Census Bureau household survey has been fielded to track the implications of the COVID-19 pandemic on households. This Insight provides some data from that survey, as well as links to research on the pandemic-induced recession's effects on households and policy responses to them. Loss of Employment In come The Census survey found that close to half of all households in the United States experienced at least some loss of employment income since March 2020, when the economic effects of the pandemic first became apparent. The survey asked adults whether they lived in households that lost employment income from March 13, 2020, to when they were surveyed in late September through mid-October 2020. The survey did not ask whether that loss of employment income was directly attributable to the COVID-19 pandemic. It also did not ask how much employment income was lost. While employment income loss was widespread, it was disproportionately in households that were in lower income categories in 2019 and households with children under age 18. Figure 1 shows the percentage of adults in households that reported income loss by their 2019 income category and family type. The largest proportion of households that lost employment income were those with children and low incomes (65% of households with 2019 incomes below $25,000 and children lost some employment income since March); households without children and with a respondent age 65 and older were the least likely to lose employment income. Congressional Research Service https://crsreports.congress.gov IN11457 CRS NSIGHT Prepared for Membersand C o--mmi- - --oe Cong ress-----------------------------------

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