43% Have Lost Jobs or Wages

A new Pew Research Center survey found 28% of Americans had lost their jobs or been laid off because of the coronavirus outbreak. A third have had to take pay cuts. A combined 43% said one or both applied to them.

The cuts are especially troubling if the threat of the coronavirus extends for months: 53% said they did not have enough in savings to cover their expenses for three months in case of an emergency like a pandemic-related shutdown.