Santa Fe New Mexican

◆ About half of U.S. workers have lost income due to virus, poll finds.

- By Josh Boak and Emily Swanson

WASHINGTON — About half of all working Americans report some kind of income loss affecting themselves or a member of their household due to the coronaviru­s pandemic, with low-income Americans and those without college degrees especially likely to have lost a job, according to a new poll from the Associated Press-NORC Center for Public Affairs Research.

Sixty percent of Americans now say the national economy is “poor,” an alarmingly swift reversal from the 67 percent who called it “good” in January. The spike in pessimism has followed a stock market collapse and the closures of businesses around the country as regular economic activity has been halted in an attempt to limit the number of COVID-19 deaths to hundreds of thousands instead of millions.

The income losses include pay cuts, unpaid time off and reduced hours, as well as actual lost jobs, with 23 percent of adults who had work when the outbreak started saying they or a member of their household have since been laid off. A third of those in households making less than $50,000 a year say they or a household member have lost their job.

“It’s terrible and it’s going to get worse,” said Bill Ardren, 75, a retired community college vice president from Minnesota. “The stock market is down. Unemployme­nt is up. Stores are shutting down. I don’t see any bright lights in the economy right now.”

The new AP-NORC survey results come as the Labor Department said Thursday a record 6.6 million Americans sought jobless benefits last week, a doubling of the previous record set just the prior week. Those figures suggest the United States lost about 6 percent of its 152 million jobs in half a month.

Despite COVID-19’s pocketbook impact on millions of Americans, as well as their overall pessimism about the economy, the poll found majorities remain confident about their personal finances — as well as President Donald Trump’s handling of the economy.

“We’re at a bump in the road right now,” said Chip McEwen, 64, who worked in financial services and drives a charter bus in his semi-retirement in Montgomery, Ala. “If the COVID-19 weren’t here, we would be rocking and rolling.”

A solid 62 percent of Americans say their own financial situation is good, down only slightly from 67 percent in January. People are also more likely to believe their financial situation will get better than get worse, 39 percent to 19 percent. Still, the percentage expecting a worsening situation for their personal finances is up slightly from 12 percent in January.

Opinions about the economy are still shaped by political beliefs — a sign of the persistent divisions that have defined the Trump era. Negative views have increased among Republican­s, from 10 percent who called the economy poor in January to 35 percent now. They are now the overwhelmi­ng views among Democrats, up from 47 percent in January to 81 percent now.

The outbreak cut short a cruise Ardren was taking with his wife, causing them to disembark early in Australia. A critic of the president, Ardren said his experience abroad led him to see Trump as putting the world at risk by not cracking down earlier on the outbreak.

“People in Australia ask what’s going on in the U.S. and how come we’re doing all this stupid stuff,” he said. “If the U.S. is goofy, they’re in trouble — they know that.”

Yet most Americans still feel confident in Trump’s economic leadership. The president received a 56 percent approval rating on the economy, significan­tly higher than his overall approval rating of 43 percent.

Ross Turner, a 75-year-old surveyor and engineer in Spanish Fork, Utah, thinks Trump has done “pretty well” in dealing with the economy and keeping the public informed. He said he’s inclined to vote for the president in November, after having not backed him in 2016.

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