The pandemic is leaving few people untouched, but America's weakest demographic groups are shouldering the worst burden through job losses and front-line work, against a backdrop of a higher risk of infections and lower savings.The average black and Hispanic families are already bringing in less income that the average white family, but they also have a smaller buffer of liquid assets like savings and investments, according to a new report from the JPMorgan Chase Institute.
This also means that government programs to help the country through the outbreak — including the expanded unemployment insurance and stimulus payments — are particularly important for the black and Hispanic communities.Outside the coronavirus crisis, the report's finding underscores the persistent racial gap in America's economy. And this inequality is making minorities more susceptible to economic hardship during hard times, including the current outbreak.
raywatts03 They don't care. It isn't them we are casualties of a self inflicted war. We didn't sign up for this.
Democrat party did that to them
Locking down for longer should help
This shows that the Democrats truly don’t care about them because they want to keep them unemployed
They should have stuck to their roots😂
Chinese News Network is racist. Who knew they built so many plantations to keep their people down in China?
How awful that those who are treated the worst suffer the most.
The only one at fault for all this crap is China. No matter how much FakeNews wants to make realDonaldTrump the bad guy he's not. Trump2020
Immigrants face several simultaneous threats. Unemployment - Depleted Money - Low access to health care- infection
China’s to blame.
Hey don't mix us OK, we aren't the same, when you say Hispanics witch group are you referring to? CNN and their racist bullshit
These people should stand hand to hand, helping one another. United to solve their problem instead of following capitalists' theory of 'survival'. No one can survive alone.
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