(USA Features) A new survey found that a growing plurality of Americans have either lost their jobs over mandatory business closures due to the coronavirus outbreak or have had their work hours reduced.
About two-thirds of Americans said that the crisis has not affected their employment status, while about a quarter have seen their hours reduced, and 15% of Americans have lost their jobs, according to the latest national Investor’s Business Daily/TIPP Poll.
- 60% say their employment status is unaffected.
- 23% say their hours have been reduced.
- 15% have lost their jobs.
City residents were more likely to lose their jobs or have their work hours cut than suburban and rural Americans, the survey found.
- 47% of urban households lost their jobs or work hours due to the outbreak.
- 33% of suburban households lost work due to the outbreak.
- 31% of rural households said the same.
Most Americans surveyed said they were concerned about their finances and retirement plans, including people whose jobs have not been affected by the pandemic:
- 65% are concerned about their cost of living expenses.
- 33% are “very concerned” about living expenses.
- 32% are “somewhat concerned” about living expenses.
- 64% are concerned that their retirement sayings will be hurt.
- 36% say they are “very concerned.”
- 28% say they are “somewhat concerned.”
And yet, eight in 10 respondents said they favored “a broader approach to quarantining,” including a nationwide quarantine for two-to-three weeks.