Half of US adults live in households that lost income in pandemic

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Half of US adults live in households that lost income in pandemic
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Half of US adults live in households that lost income from jobs due to the coronavirus pandemic, according to a Census Bureau survey

Here's the latest: Half of US adults live in households that lost income from jobs.That's what the Census Bureau found in its most recent weekly survey -- conducted from July 2 through July 7 -- that's tracking the virus' impact on the nation. In some states, even more residents are affected. In Hawaii, which depends on tourism, the share is 61.6%, while in Nevada, where all the casinos had shut down, it's 59.7%. New York and California came in at 58.2% and 57.

And the recent surge in cases is likely to mean even more layoffs and hardship, especially when combined with the shaky finances of larger companies, several of which have recently announced sweeping job cuts or massive potential downsizings.A toll on well-beingThe Census survey also reveals the toll the pandemic is taking on Americans' well-being.Nearly 35% of adults expect a loss in employment income.

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