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More than a year after the coronavirus outbreak began, many Black Americans continue to reel from the economic fallout. Nearly half of Black adults say the economic impact of the pandemic will make achieving their financial goals harder in the long term. And four-in-ten Black adults live in households that have lost jobs or wages since the start of the coronavirus outbreak.

Despite the pandemic’s widespread financial harm, the impact on Black Americans has varied, with the college educated and those who are older faring slightly better than those with lower levels of education and younger Black adults.

Pew Research Center conducted this study to better understand Black Americans’ financial outlooks and how their personal financial situations have changed amid the…

Read the rest at the ‘Source of the original article: Pew Research Center (www.pewresearch.org).
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