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Poll: As the Delta Variant Continues, 38 Percent of U.S. Households Report Facing Serious Financial Problems Despite Two-Thirds Receiving Government Assistance [rwjf.org]

 

From Robert Wood Johnson Foundation, October 12, 2021

According to an NPR/Robert Wood Johnson Foundation/Harvard T.H. Chan School of Public Health poll, 38 percent of U.S. households report facing serious financial problems in the past few months, as the delta variant outbreak has extended health and economic problems faced by households over the course of the COVID-19 pandemic (see Figure 1). These serious financial problems are cited despite 67 percent of U.S. households reporting they have received financial assistance from the government in the past few months.

This poll, Household Experiences in America During the Delta Variant Outbreak, was conducted August 2, 2021–September 7, 2021, among 3,616 U.S. adults. Adults in this survey were asked to report on serious problems facing both themselves and others living in their households, so measures are reported as a percentage of households for all household-related questions. See the Methodology below for further details.

There is a sharp income divide in serious financial problems faced by households, as 59 percent of those with annual incomes below $50,000 report facing serious financial problems in the past few months, compared with 18 percent of households with annual incomes of $50,000 or more. Another significant problem for many U.S. households is losing their savings during the COVID-19 outbreak. Nineteen percent (19%) of U.S. households report losing all of their savings during the COVID-19 outbreak and not currently having any savings to fall back on.

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