In normal times, getting laid off is stressful. But now, amid the coronavirus pandemic, it's a nightmare. These steps will help ease the financial strain, from navigating unemployment benefits to getting a break from creditors.
As the blow to the economy from the spread of COVID-19 becomes apparent, it's important to take steps now to protect your family's finances and prepare for what lies ahead. Here's what you need to know and do now.
More than half of respondents rated economic conditions as either excellent or good, while only 9 percent said they were poor—that's the lowest such rating since immediately after the terrorist attacks on September 11, 2001, Gallup reported.
While nearly half—47 percent—of Democrats are anticipating a recession, just 13 percent of Republicans expect one. And 75 percent of Democrats think that the president is taking the U.S. toward a recession, while 20 percent of Republicans do.