Study: Residents in California Are Financially Hurting More During COVID-19

6/3/20

Nearly nine in 10 Americans report that the COVID-19 pandemic is causing stress on their personal finances. Like the spread of the virus, financial shocks have been felt more in some places than others.

In a new study, SmartAsset uncovered the states where residents have been financially hurting the most during COVID-19. Specifically, we compared all states across six metrics, including recent measures of unemployment, housing insecurity and food insufficiency.

Out of all 50 states, California ties with Texas for the ninth spot in SmartAsset’s study on where residents are financially hurting the most during COVID-19.

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