In 2020, one third of White Americans stated that their savings would last for more than a year in case they lost their job due to COVID-19. As for the Black Americans, only 19 percent said that their savings would be enough to last longer than a year.
Length of time savings would last in case of a job loss due to COVID-19 in the United States in 2020, by race
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McKinsey & Company. (July 30, 2020). Length of time savings would last in case of a job loss due to COVID-19 in the United States in 2020, by race [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1139922/savings-job-loss-covid19-race-usa/
McKinsey & Company. "Length of time savings would last in case of a job loss due to COVID-19 in the United States in 2020, by race." Chart. July 30, 2020. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1139922/savings-job-loss-covid19-race-usa/
McKinsey & Company. (2020). Length of time savings would last in case of a job loss due to COVID-19 in the United States in 2020, by race. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1139922/savings-job-loss-covid19-race-usa/
McKinsey & Company. "Length of Time Savings Would Last in Case of a Job Loss Due to Covid-19 in The United States in 2020, by Race." Statista, Statista Inc., 30 Jul 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1139922/savings-job-loss-covid19-race-usa/
McKinsey & Company, Length of time savings would last in case of a job loss due to COVID-19 in the United States in 2020, by race Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1139922/savings-job-loss-covid19-race-usa/ (last visited November 13, 2024)
Length of time savings would last in case of a job loss due to COVID-19 in the United States in 2020, by race [Graph], McKinsey & Company, July 30, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1139922/savings-job-loss-covid19-race-usa/
