McBride says, "But, in the study, it was particularly pronounced among millennials. They had about twice the likelihood of having decreased income. A lot of that can be due to the types of jobs that have been most impacted by the pandemic as well as tenure."
McBride says there is a silver lining to the study, "One in five households has actually added to their savings. This includes nearly half of those who have seen their income increase as a result of the coronavirus pandemic."




