2022
DOI: 10.1111/joca.12443
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Parents' employment, income, and finances before and during the COVID‐19 pandemic

Abstract: The COVID-19 pandemic brought grave financial concerns for families in the United States as they attempted to navigate the multifaceted impacts of the pandemic. The present descriptive study examined Florida families' employment characteristics, credit card debt, savings characteristics, use of savings based on employment and income variables, and patterns of use of the first 2020 economic impact payment during the early stages of the COVID-19 pandemic. Responses to an online questionnaire were collected from … Show more

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Cited by 15 publications
(9 citation statements)
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“…3,4 The current study is among the first to uniquely emphasize areas in which families with FA may have struggled during the COVID-19 pandemic, as well as areas FA providers may provide support to families of children with FA in response to the COVID-19 pandemic. Specifically, caregivers of youth with FA in the current study had greater increases in unemployment compared with a general sample of caregivers (25% vs. 14%-22%) [10][11][12] and greater loss of income (41% vs. 33%) 13 compared with a general sample of adults in the United States. Our sample of caregivers reported similar levels of loss of childcare, with approximately half of the caregivers endorsing childcare loss, 10 and similar changes in access to their child's healthcare provider (27.3% vs. 26.4%).…”
Section: Figure 1 Includes Frequencies and Percentages Of The Covid-19mentioning
confidence: 84%
“…3,4 The current study is among the first to uniquely emphasize areas in which families with FA may have struggled during the COVID-19 pandemic, as well as areas FA providers may provide support to families of children with FA in response to the COVID-19 pandemic. Specifically, caregivers of youth with FA in the current study had greater increases in unemployment compared with a general sample of caregivers (25% vs. 14%-22%) [10][11][12] and greater loss of income (41% vs. 33%) 13 compared with a general sample of adults in the United States. Our sample of caregivers reported similar levels of loss of childcare, with approximately half of the caregivers endorsing childcare loss, 10 and similar changes in access to their child's healthcare provider (27.3% vs. 26.4%).…”
Section: Figure 1 Includes Frequencies and Percentages Of The Covid-19mentioning
confidence: 84%
“…Differential impacts of other co‐occurring contextual factors on the labor market behaviors of caregivers and childless adults might also be cause for concern. Here, for example, disruptions to in‐person school and childcare services may disproportionately constrain work for caregivers relative to childless adults (Collins et al., 2021; Garrison et al., 2022). While we cannot fully account for such possibilities, we note that they will likely bias our estimates toward a decrease in employment among caregivers, thereby potentially overstating the employment disincentive of the expanded CTC.…”
Section: Methodsmentioning
confidence: 99%
“…Nene et al [17] underscore the unwavering belief among breadwinners in the accessibility and adequacy of social aid, drawing support from friends, family, and coworkers. Adding intricacy to financial planning, Garrison et al [18] identify variations in savings utilization tied to factors such as employment status and income during the pandemic. Notwithstanding the challenges, the adept navigation of financial resources emerges as a pivotal element within the spectrum of adaptive resilience.…”
Section: B Coping Mechanism Of Displaced Workersmentioning
confidence: 99%