One-fifth of Americans fear they can't pay June rent or mortgage, federal survey finds [View all]
Source: LA Times
More than half of California households have seen a loss of income due to the coronavirus pandemic, the U.S. Census Bureau said Wednesday, based on a newly launched weekly survey.
Since March 13, 54.5% of California adults surveyed said they or another adult in their home had lost income, and an additional 40.8% expected their households to earn less from work over the next four weeks.
Nationally, more than a fifth of adults surveyed reported they had slight or no confidence in their ability to pay their rent or mortgage in June.
The findings come from the first release of data from a new weekly survey conducted by the bureau to try to gauge how the outbreak is affecting Americans. The 50-question survey asked about food security, ability to pay rent, access to a computer for school work and anxiety levels.
Read more: https://www.latimes.com/politics/story/2020-05-20/one-fifth-of-americans-couldnt-pay-may-rent-or-mortgage-government-survey-finds