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Newsy/Ipsos poll: One in three Americans report they’ve already lost income due to the spread of coronavirus

New Newsy/Ipsos poll shows a call for federal government to take drastic economic, safety measures as more Americans are staying home, watching the news and facing money loss.

Courtney Lewis
Mar 25 · 6 min read
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More than nine in ten (92%) Americans feel it is important to stay home for the next 14 days to slow the spread of coronavirus, according to a new Newsy/Ipsos poll. As people begin to adapt to their new normal, support for sweeping federal government action — from a freeze on federal loan repayments, to a mandatory shutdown of schools — is widespread.

Detailed Findings

1. Some are already feeling a financial strain.

  • One in three (32%) report they have lost income in the past week, including over half of Gen Z respondents (53%) and four in ten millennials (43%).
  • A similar number, 37%, feel they will lose income in the next month. Again, this perception is driven by younger generations: 57% of Gen Z and 50% of millennials agree.
  • One in four say that if they were left without income, and no additional financial assistance, their household could carry on for 3 weeks or less.
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2. As seven in ten (71%) feel it is very important to stay home for the next 14 days, they are looking to the federal government to also take dramatic action.

  • A vast majority (88%) support freezing interest payments on loans for 30 days, including 60% who strongly support. More than eight in ten (83%) also want the federal government to provide direct payments to adults in the U.S. A majority (53%) strongly support this plan.
  • While 82% support a mandatory, nationwide shutdown of schools and higher education institutions, support for a mandatory, nationwide shutdown of businesses is much lower (57%).
  • More than half (53%) are in favor of a stimulus package for the airline industry, but just 18% are strong supporters of this proposal.
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3. Most are staying home, watching the news more, and scrolling through social media.

  • Nearly half (46%) report they have watched the news more than they typically would in the past week. Millennials in particular are tuning in more (49% more than they typically would vs. 36% who say they are watching the same amount).
  • Nearly three-quarters (72%) of Americans say they are staying home from work, school, or other social obligations as a result of the outbreak.
  • More than one-third (35%) report scrolling through social media more often in the past week, including a majority of millennials (51%) and Gen Z (57%).

For full results, please refer to the following questionnaire.

  1. Are you currently staying home from work, school, or other social obligations as a result of the coronavirus or COVID-19 outbreak?
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2. How important do you think it is for people to stay home for the next 14 days to slow the spread of coronavirus?

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3. Do any of the following situations apply to you, as a result of coronavirus-related restrictions or closures?

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4. If coronavirus-related restrictions or closures were to leave you without income, how long could your household carry on without additional financial assistance?

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5. Do you support or oppose each of the following federal government actions, in response to the coronavirus outbreak?

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6. In the past week, have you done each of the following more or less than you typically would?

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About the Study
These are some of the findings of an Ipsos poll conducted between March 20 -24 behalf of Newsy. For this survey, a sample of roughly 2,007 adults age 18+ from the continental U.S. Alaska and Hawaii was interviewed online in English.

The sample for this study was randomly drawn from Ipsos’ online panel (see link below for more info on “Access Panels and Recruitment”), partner online panel sources, and “river” sampling (see link below for more info on the Ipsos “Ampario Overview” sample method) and does not rely on a population frame in the traditional sense. Ipsos uses fixed sample targets, unique to each study, in drawing a sample. After a sample has been obtained from the Ipsos panel, Ipsos calibrates respondent characteristics to be representative of the U.S. Population using standard procedures such as raking-ratio adjustments. The source of these population targets is U.S. Census 2016 American Community Survey data. The sample drawn for this study reflects fixed sample targets on demographics. Post-hoc weights were made to the population characteristics on gender, age, race/ethnicity, region, and education.

Statistical margins of error are not applicable to online non-probability polls. All sample surveys and polls may be subject to other sources of error, including, but not limited to coverage error and measurement error. Where figures do not sum to 100, this is due to the effects of rounding. The precision of Ipsos online polls is measured using a credibility interval. In this case, the poll has a credibility interval of plus or minus 2.5 percentage points for all respondents. Ipsos calculates a design effect (DEFF) for each study based on the variation of the weights, following the formula of Kish (1965). This study had a credibility interval adjusted for design effect of the following (n=2,007, DEFF=1.5, adjusted Confidence Interval=+/-4.0 percentage points).

About Newsy
Newsy is the leading cross-platform television news network that provides “news with the why,” built to inform and engage by delivering the top stories across every platform. Its content is available on cable; on over-the-top services including Hulu, Roku, Amazon Fire TV, Apple TV, Sling TV, Pluto TV, and Google Chromecast; and on connected television including Xumo. Newsy is also available via its mobile apps and at newsy.com.

About Ipsos
Ipsos is the world’s third largest market research company, present in 90 markets and employing more than 18,000 people.

Our passionately curious research professionals, analysts and scientists have built unique multi- specialist capabilities that provide true understanding and powerful insights into the actions, opinions and motivations of citizens, consumers, patients, customers or employees.

We serve more than 5000 clients across the world with 75 business solutions. Founded in France in 1975, Ipsos is listed on the Euronext Paris since July 1st, 1999. The company is part of the SBF 120 and the Mid-60 index and is eligible for the Deferred Settlement Service (SRD). ISIN code FR0000073298, Reuters ISOS.PA, Bloomberg IPS:FP

Newsy Company News

Be informed — not influenced — with Newsy’s…

Courtney Lewis

Written by

Newsy Company News

Be informed — not influenced — with Newsy’s straightforward, opinion-free approach to news. Get the facts without pundits and opinions. For people who aren’t satisfied getting only the loudest part of the story, Newsy delivers honest, in-depth context on stories that matter.

Courtney Lewis

Written by

Newsy Company News

Be informed — not influenced — with Newsy’s straightforward, opinion-free approach to news. Get the facts without pundits and opinions. For people who aren’t satisfied getting only the loudest part of the story, Newsy delivers honest, in-depth context on stories that matter.

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