Latinos very concerned, highs affected by the economy amid COVID-19, according to survey

WASHINGTON – Latinos are more likely to worry about coronavirus-related economic unrest than white, black, and Asian Americans as the country continues to face the ongoing pandemic, according to a new survey.

Considerations are not unfounded: Latinos are more likely to see all other racial teams lose their homework in the following year or have had a decline in the family’s income stream during the following year, according to a survey through the Democracy Fund’s UCLA Nationscape Project.

77 percent of Hispanic Americans say they have been very or more concerned about their non-public finances in the past six months, according to the survey. This represents a disparity of more than 10 percent of issues among white Americans (62%), black Americans (65%) and Asian Americans and Pacific Islanders (67%), according to research through Nationscape Insights, an assignment from Democracy Fund, UCLA and the U.S. TODAY

Robert Griffin, director of studies at the Democracy Fund Voter Study Group, said that while some might first think that the disparity is due to the fact that Latinos are higher proportions of other young people or have other median incomes, this is not the case.

“It’s not just the case that young Americans do worse, even if it’s true. It’s not just low-income Americans who make it worse when it comes to those things, even if it’s true. But those … Racial disparities continue to exist even if you break those things down by age and income,” Griffin said. “Communities of color, especially Latin Americans, seem to be very affected at this time.”

The Democracy Fund – UCLA Nationscape Project is a large-scale study of the American electorate designed to conduct 500,000 interviews with politicians and presidential candidates during the 2020 election cycle. The survey was conducted from July 30 to August 5, with 5,484 Americans surveyed. There is a margin of error of about 2.4 percentage points.

Latino-black and Latino communities have been disproportionately affected by the coronavirus pandemic, blacks and Latinos are 4 times more likely than whites to be hospitalized by COVID-19, according to a report published Thursday through the National Urban League. The report also found that blacks are twice as likely as whites to die from the virus.

According to the Democracy Fund-UCLA survey, 47% of Latinos say they or their spouses have lost their jobs in the past 12 months. That’s more than 20 percent more problems than white Americans (27%). Among African-Americans, 31% and among Asians and Pacific Islanders, 34%. The knowledge of the survey also shows:

When damaged by the source of income and age group, the survey continues, with Latinos being the most affected.

In total, 85% of Latinos earning less than $50,000 said they were very or worried about their non-public finances in the last six months. By comparison, 71% of white Americans at this point of income source say they are very concerned. Among black Americans at this income source point, this number is 73% and between Asians and Pacific Islands at this income source point is 78%.

Griffin noted that the disorders Latinos face are not due to differences in the source of income among these other racial groups.

“Even when you notice isolating yourself a little bit for that … you see communities of color, and even occasionally Latin American, seem to be this much more affected organization,” he said.

However, Latinos at this income source point were not at the forefront when asked if they had noticed a decline in the household income source in the past 12 months.

According to the survey, Asia and Pacific islanders led, with 70% revenues below $50,000, reporting a decline. Latinos at 66%, then African-Americans at 56% and white Americans at 50%.

Map of coronavirus in the United States: tracking the epidemic

Young Latinos are also more affected than racial and ethnic groups.

Four out of five Latinos under the age of 40 say they have been very or more concerned about their non-public finances in the past six months. Asians and Pacific Islands this age are only 2 percentage points (78%), followed by white Americans with 69% and black Americans with 64%.

The only case where Latinos did not see the highest numbers among those who reported seeing a decline in the household income source in the last 12 months.

Three out of five 40-year-old Asians and Pacific islanders reported experiencing a decline, followed by Latinos with 56%. 49% of white Americans and 47% of black Americans reported experiencing a decline in household income.

Latinos, Asians and Pacific islanders under the age of 40 also recorded figures among those who reported that they or their spouses had lost their jobs in the last 12 months, or up to 54%. By comparison, 40 percent of black Americans in this age organization said yes, followed by 36 percent of white Americans.

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