POLL: Most losing jobs to virus think they’ll return
1 / 2AP Poll Virus Outbreak EconomyFILE - In this April 15, 2020, file photo a man wears a face mask to protect against the spread of the new coronavirus at Union Station in Washington. A quarter of Americans say their household suffered a job loss from the coronavirus outbreak, but a majority still feel positive about their personal finances, according to a new poll from The Associated Press-NORC Center for Public Affairs Research.
Seventy-one percent of Americans now describe the national economy as poor, up from 60% three weeks ago and 33% in January. At the same time, 64% call their personal financial situation good — a number that remains largely unchanged since before the virus outbreak began. “We’re not sure how many people actually have COVID-19,” said Banks, who lives in Dyersville, Tennessee, and works at Walmart. “If they open everything back up, we have no clue what is going to happen.”
Lower income households and those with less education appear especially hard hit by job losses – 29% of those whose families earn less than $50,000 a year said their household experienced a job loss, compared with 22% of those who make more. Similarly, 28% of those without a college degree experienced a household layoff, while just 19% with a degree said the same.
Brandon Reynolds, 45, resells vintage toys, jewelry and artwork online. The Houston resident’s earnings have been solid enough to cover the monthly rent of his roommate, a barber who cannot work because of stay-at-home orders. But Reynolds has only three months of inventory, and he might not be able to restock if the pandemic keeps thrift stores and flea markets closed.
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