New York Fed documents pandemic’s disproportionate effects on households with children

Research from the Federal Reserve Bank of New York uses data from the Survey of Consumer Expectations to document hardship in the pandemic. The authors find that households with children were more likely to lose jobs and income, more likely to miss rent or debt payments, and more likely to experience food insufficiency. These households are more often reliant on safety net programs, like unemployment and SNAP, as well as informal supports from friends and family, than households without children. Households headed by single parents or parents of color record especially high levels of hardship. These findings accord with the emerging body of research on worse COVID-19- related hardship among families who faced disadvantage even before the pandemic. #covid-19 #racialequity #foodsecurity