Mar 28, 2020 - Economy & Business

33% of Americans know someone whose finances have been hit by coronavirus

Illustration: Aïda Amer/Axios

One-third of Americans say they or someone in their household has either lost a job or taken a pay cut since the novel coronavirus outbreak began, according to a study from Pew Research.

The big picture: During the 2008 financial crisis, people were able to leave their homes in search of jobs, but that's currently difficult with local and statewide stay-at-home orders and quarantine mandates, The New York Times writes.

  • Yes, but: Many of those with jobs wherein they cannot work from home, including grocery clerks and warehouse workers, are increasingly worried about contracting the virus and spreading it to their loved ones.

By the numbers: Americans are worried about the state of the U.S. economy.

  • 65% of Americans said the outbreak will cause a recession or depression in the U.S., and 17% anticipate a depression.
  • Americans are less anxious about how coronavirus will impact their personal health and finances — 36% said it is a major threat to their health, while 49% said it is a major threat to their personal finances.

Methodology: Pew Research Center surveyed 11,537 American adults in March 2020. Everyone surveyed is a member of Pew Research Center’s American Trends Panel, a survey panel that is recruited through national, random sampling of residential addresses.

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Updated 7 hours ago - Health

U.S. coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios. This graphic includes "probable deaths" that New York City began reporting on April 14.

Florida reported on Wednesday its largest number of new novel coronavirus cases in a single day since April 17. 1,317 people tested positive to take the state total to 58,764, per the state's health department. Despite the rise, Florida Gov. Ron DeSantis said bars and clubs could reopen on Friday.

By the numbers: More than 107,000 Americans have died of the coronavirus and over 1.8 million people have tested positive, per data from Johns Hopkins. More than 479,000 Americans have recovered and over 18 million tests have been conducted.

Black workers overrepresented in essential work during coronavirus pandemic

Reproduced from Economic Policy Institute; Chart: Axios Visuals

On a percentage basis more white workers have lost their jobs since February, but that has largely been because black workers in the U.S. are much more likely to work front-line jobs considered essential during the coronavirus pandemic.

By the numbers: Black workers make up about one in nine workers overall, but about one in six front-line-industry workers, according to a study from the Center for Economic and Policy Research.

Mental health screenings are rising during the pandemic

Illustration: Aïda Amer/Axios

The advocacy group Mental Health America says it's seen a big increase in anxiety and depression since the coronavirus pandemic began.

Why it matters: The pandemic and ensuing lockdown have triggered increased loneliness and isolation while also making in-person help harder to access.