New study finds American families' financial struggles increasing as COVID-19 drags on

July 27,2020 | By Erickson Ocasio

New data from advocacy group ParentsTogether Action has found that American families are feeling more anxiety over their financial situations today than they were in April and May, the period previously thought to be the height of the COVID-19 pandemic. ParentsTogether surveyed over 1,500 parents between June 28 and July 1. Their findings paint a grim picture of the realities the average American family has been forced to endure as the country’s response to the coronavirus pandemic has gone from confusing to stupid to desperate. Seventy percent of respondents say their families are struggling, a 12 percent increase since March and a rise of nine percent since April. Of those who believe they are eligible for unemployment, 60 percent have yet to receive any payments. Forty-five percent of families are either “somewhat worried” or “very concerned” about losing their homes once their states’ eviction bans expir

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