Only 23% say they have emergency funds that would last them three months
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May 21, 2020
** Social & Demographic Trends
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A monthly digest of the Center's latest research on the attitudes and behaviors of Americans in key realms of daily life · Subscribe ↗ ([link removed])
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** Economic toll from COVID-19 mounts ([link removed])
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Pew Research Center analysis ([link removed]) from April finds the economic impact of the COVID-19 outbreak is falling more heavily on lower-income adults – a group that was feeling significant financial pressure well before the current crisis started. Our work continues to provide insights on the economic toll of the virus.
* The option to telework ([link removed]) may prove to be a financial lifeline for many workers during the COVID-19 downturn.
* The financial risk ([link removed]) to U.S. business owners posed by the outbreak varies by demographic group.
* More than half of U.S. households have some investment ([link removed]) in the stock market, which has fluctuated since the crisis began.
* Among adults who have lost a job or wages due to COVID-19, most are concerned ([link removed]) states will lift restrictions too quickly.
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** Most Americans say coronavirus outbreak has impacted their lives ([link removed])
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In the early days of the coronavirus outbreak, nine-in-ten U.S. adults said ([link removed]) their life had changed at least a little as a result of the outbreak, including 44% who said their life had changed in a major way.
* About two-thirds of parents with children in K-12 schools are concerned ([link removed]) about their kids falling behind as schools have closed.
* The pandemic erupted in the midst of the 2020 U.S. census, creating a new set of challenges ([link removed]) to achieving an accurate count.
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** What we know about Gen Z so far ([link removed])
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One-in-ten eligible voters in the 2020 electorate will be part of a new generation of Americans – Generation Z ([link removed]) . Unlike the Millennials, who came of age during the Great Recession, this new generation was in line to inherit a strong economy with record-low unemployment. That has all changed now, as COVID-19 has reshaped the country’s social, political and economic landscape. Instead of looking ahead to a world of opportunities, Gen Z now peers into an uncertain future.
** Support for gender equality strong around the globe, even as many see advantages for men ([link removed])
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Across 34 countries surveyed ([link removed]) , a median of 94% think it is important for women in their country to have the same rights as men, with 74% saying this is very important. In many countries, women place more importance on gender equality than men do. However, women are less optimistic than men that women in their countries will achieve equality in the future, and they are more likely to say men have better lives than women.
** Millennials overtake Baby Boomers as America's largest generation ([link removed])
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** As family structures change in U.S., a growing share of Americans say it makes no difference ([link removed])
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** Lesbian, gay and bisexual online daters report positive experiences – but also harassment ([link removed])
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** Most Democrats who are looking for a relationship would not consider dating a Trump voter ([link removed])
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** Media mentions
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Jobless Numbers Are ‘Eye-Watering’ but Understate the Crisis ([link removed])
The New York Times
53 percent of lower-income US households won’t be able to pay all of April’s bills ([link removed])
Vox
Why long-term flexible work options could be a game changer for women ([link removed])
CNBC
** From our research
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48% ([link removed])
The share of Asian American workers in jobs that could potentially be teleworked, as of February 2020.
** Support Pew Research Center
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In times of uncertainty, good decisions demand good data. Please support Pew Research Center with a contribution on the Center’s behalf to our parent organization, The Pew Charitable Trusts.
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