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As cases of coronavirus rise and states enforce even greater restrictions, nearly half, or 42%, of U.S. households said their income is still below pre-pandemic levels as a direct result of the outbreak, according to a recent report by Bankrate.com.
While half of all households saw their income take a hit at some point during the pandemic, only 1 in 6 said their take home pay has returned to normal, or pre-pandemic, levels, Bankrate found.
Even those that are still employed are likely working fewer hours or with less pay, particularly in hard-hit industries, such as leisure and hospitality, arts and entertainment and retail.