The Unequal Impact of the COVID-19 Crisis on Households' Financial Stability

This issue brief identifies COVID-19’s impact on household income and the income insecurity resulting from the macroeconomic slowdown. The brief presents data on emergency savings; the number of low-wage workers; the percentage of earners in low-wage occupations by race, ethnicity, immigration status, and gender; and low-wage workers’ lack of access to economic supports and wage protections.