As the coronavirus pandemic spreads, the wealth gap widens in America by theothersarahh
... [+]As the economic damage caused by the coronavirus continues to worsen, new research from UBS reveals how consumer saving habits have changed based on income: while many low-income households are planning on saving less of their income over the next three months than they previously did, nearly one third of high-earning households are planning to save more.
Among households that earn more than $200,000 per year, 28% are planning to save a larger portion of their income in the future. 20% of households earning less than $60,000, on the other hand, anticipate that they will save less. 9% of households earning between $100,000 and $200,000 say they’ll increase their savings, and households earning between $60,000 and $100,000 generally say they’ll save the same amount.
In general, high-earning households already tend to save more than low-earning households do, both as a percentage of each paycheck and in absolute terms, UBS says.More than 24 million Americans work in the five sectors that are at the highest risk for a major slowdown in the United States: mining/oil and gas, transportation, employment services, travel arrangements, and leisure and hospitality.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
John Oliver Scrutinizes Donald Trump's Other Favorite News Network, OANLast Week Tonight host examines misinformation the far-right outlet is spreading during coronavirus pandemic
Lire la suite »
14 Movie Theaters, Mostly Drive-Ins, Remained Open Last Weekend Amid The Coronavirus PandemicFourteen theaters in the United States remained opened at the weekend box office according to recent reports obtained by Deadline, 13 of them were drive-ins. Those locations standing tall in the CO…
Lire la suite »
Coronavirus live updates: Boston issues curfew to increase social distancingBeds line the Mountain America Expo Center, in Sandy, Utah. The center will be used for hospital overflow as medical centers treat influx of COVID-19 patients.
Lire la suite »