One In Five LGBTQ+ People Are Already 'Much Worse Off' Financially Because Of Coronavirus

In weeks after the outbreak of the novel coronavirus In America, millions of people have lost their jobs, had their hours cut, and felt the heavy impact a pandemic can have on their economic freedom — and LGBTQ+ Residents of the
U.S. Are among those who are feeling the economic effects strongest, according to new studies from PSB Statistics and the Human Rights Campaign Foundation, the educational arm of the HRC, a national LGBTQ+ civil rights organization.


The report shows that LGBTQ+ folks are more likely to have experienced a cut in work hours, with 30 percent of LGBTQ+ respondents experiencing a cut in comparison to 22 percent of the general population. They are nearly twice likely because the general population to feel their personalized finances are in worse shape because of the pandemic and are more likely to be taking steps to actively prepare for the virus. They are also more likely to trust public health officials and far less likely to trust President Donald Trump’s leadership — just 14 percent of LGBTQ+ respondents mentioned they trusted Trump as a source of statistics, compared to 22 percent of the general population.


“It is unfortunately not surprising to be able to see that the LGBTQ community is facing adverse economic impacts because of the COVID-19 pandemic,” HRC President Alphonso David mentioned in a press release. ​“This new intelligence bears out our beginning predictions that LGBTQ people were likely to face greater economic hardship, and is more proof that the most marginalized communities are the most at risk.


This comes at a time in which some 22 million people have filed for unemployment since the coronavirus pandemic started spreading in the U.S., According to ABC News, the brunt of which hit people of color the hardest. NPR announced that employment for white Americans fell by 1.1 percent in March, while the Black Residents of the
U.S. Seen a 1.6 percent fall, Asian Residents of the
U.S. Seen a 1.7 percent fall, and Latinx Residents of the
U.S. Experienced a 2.1 percent fall.


“We have seen the health impact of this virus on communities of color, and we right now have the statistics to show how the LGBTQ community is struggling,” David mentioned. “For those of us at the intersections of those identities, it is even more profound. We must take this moment to fight for the resources to make sure that communities most impacted can weather this storm.”


You will support prevent the spread of COVID-19. Not each person has the alternative to live at residence, although in the event could, you have got to! Social distancing is the new typical, and we’re here to help.