Employment and financial worries caused by the Covid-19 pandemic differ among demographic groups, according to a deep analysis into the results of the latest American Staffing Association Workforce Monitor® online survey conducted by The Harris Poll.
People of color are more likely to be concerned about a variety of employment-related issues: Hispanic/Latino and Black/African American individuals are more worried than those classifying themselves as White/Caucasian about finding a job (68%/54%/45%), needing new skills to land a job (62%/56%/44%), transitioning careers or roles (57%/55%/42%), and the possibility of losing a job (58%/50%/40%).
Work-Related Financial Worries
|Finding a job||68%||54%||45%|
|Needing new skills to land a job||62%||56%||44%|
|Needing to transition careers/ roles||57%||55%||42%|
|Losing a job||58%||50%||40%|
These disparities extend to concerns about meeting core financial obligations, with Hispanic/Latino and Black/African American individuals more likely to be concerned than Whites/Caucasians about being able to pay their rent or mortgage (65%/58%44%), student loans (58%/53%/38%), and child care costs (51%/53%/34%).
Core Financial Obligation-Related Worries
|Paying for rent/mortgage||65%||58%||44%|
|Paying for student loans||58%||53%||38%|
|Paying for child care||51%||53%||34%|
People living in urban areas are more likely to have financial concerns than individuals residing in suburban or rural locations. City dwellers are more likely than individuals in the suburbs or the country to be worried about paying their rent or mortgage (58%/45%/45%) and their student loans (55%/38%/39%). In addition, urbanites are more likely to worry about finding a job (58%/51%/47%), needing new skills to land a job (56%/47%/46%), or needing to transition careers or roles (55%/44%/49%).
Urban Suburban Rural
|Paying for rent/mortgage||58%||45%||45%|
|Paying for student loans||55%||38%||39%|
|Finding a new job||58%||51%||47%|
|Needing new skills to land a job||56%||47%||46%|
|Needing to transition careers/ roles||55%||44%||49%|
Those employed in various industry sectors also have differing financial concerns amid the pandemic. In particular, people employed in engineering, IT, and scientific roles are more anxious about paying for child care (67%) and losing their job (62%) than those employed in other industries.
“The potential severity of the negative economic impact of Covid-19 has not been the same for everyone in the U.S. during the pandemic,” said Richard Wahlquist, ASA president and chief executive officer. “For millions of people, temporary and contract work is a means to address their very real employment and financial concerns. Staffing agencies across the U.S. are hiring now and are ready to help get the nation back to work.”
The Harris Poll conducted the survey online within the U.S. on behalf of ASA, June 16–18, 2020, among a total of 2,065 U.S. adults age 18 and older. Results were weighted on age, gender, education, race/ethnicity, household income, marital status, household size, and geographic region where necessary to bring them into line with their actual proportions in the U.S. population. In addition, the data were adjusted for differences between the online and offline populations.
About the American Staffing Association
The American Staffing Association is the voice of the U.S. staffing, recruiting, and workforce solutions industry. ASA and its state affiliates advance the interests of the industry across all sectors through advocacy, research, education, and the promotion of high standards of legal, ethical, and professional practices. For more information about ASA, visit americanstaffing.net.
About the ASA Workforce Monitor
The ASA Workforce Monitor is a periodic survey commissioned by ASA and conducted online by The Harris Poll among 2,000 or more U.S. adults age 18 and older. The survey series focuses on current workforce trends and issues. For more information about the survey series, visit americanstaffing.net/workforcemonitor.
About The Harris Poll
The Harris Poll is one of the longest running surveys in the U.S. tracking public opinion, motivations and social sentiment since 1963 that is now part of Harris Insights & Analytics, a global consulting and market research firm that delivers social intelligence for transformational times. To learn more, please visit theharrispoll.com.
Michelle R. Snyder
Director, Public Relations
Eight in 10 job candidates (80%), both active and passive seekers, foresee working for a new company in the next 12 months—despite, or possibly due to, the economic uncertainty caused by the coronavirus pandemic in the U.S.—according to the 2020 Candidate Sentiment Study by the American Staffing Association and its corporate research partner, ClearlyRated. This… More ›
May 20, 2020Advancing Women Leaders in Staffing 3:15 p.m. Break 5:05 p.m. Break Questions? Contact firstname.lastname@example.org on the ASA meetings and events team. More ›
Due to the COVID-19 outbreak, this event has been postponed until further notice. If you have interest in attending on a future date, you may still register. We will be in contact with you when we have a date rescheduled. Questions? Contact email@example.com. Thursday, April 9 9–10:30 a.m. Eastern time AtWork Group 3215 W. Gov… More ›
Sorry, the content you’ve selected is for members only. Maybe it’s time to join! Or if you’re already a member, please log in. Join today to get access to all ASA webinars and on-demand presentations. The ASA Resource Llibrary includes hundreds of presentations that members can view at their convenience and at no charge. Valuable webinars… More ›
Who Should Attend Employees of member companies who are interested in learning more about the member resources they can utilize through their company’s membership Highlights Are you making the best use of your company’s membership in the American Staffing Association? Learn about the many resources included with ASA membership. There is no limit to the… More ›
Sorry, the content you’ve selected is for members only. Maybe it’s time to join! Or if you’re already a member, please log in. Join today to get full access to Staffing Success and all ASA publications. ASA brings members a steady flow of valuable information through a suite of publications. Staffing Success magazine, our award-winning flagship… More ›
About seven in 10 Americans (69%) believe that the job search today is too impersonal, according to the results of the latest American Staffing Association Workforce Monitor® survey of more than 2,100 U.S. adults conducted online by The Harris Poll. And eight in 10 (80%) say that applying for a job feels like sending their… More ›
Change. This one little word represents a situation that has the power to throw your life into the unknown. Some are terrified by change while others accept it, and still others boast that they love change. The fact is that change is necessary in growing companies. Staffing professionals don’t have to love it, but you… More ›
This ASAPro webinar will show you why teamwork and good communication are essential for a staffing firm to be able to recruit candidates, sell to prospects, and serve clients. Nothing can make those three actions come to a screeching halt faster than drama in the office. Drama, which distracts employees from their everyday work and… More ›