As the United States continues to face record unemployment due to the coronavirus pandemic, 30% of Americans missed their housing payments in June, according to a survey by Apartment List, an online rental platform.
That's up from 24% who missed their payment just two months earlier in April and about on par with the 31% who missed payments in May. Renters, younger and lower-income households and urban dwellers were the groups most likely to miss their housing payments, Apartment List found.
CNBC: “An additional 1.48 million Americans filed for unemployment benefits last week, the Labor Department said. Economists polled by Dow Jones expected a print of 1.35 million. This marks the second straight week that U.S. jobless claims data were worse than expected.”
A new ABC News/Ipsos poll finds 76% of Americans are concerned about contracting the coronavirus, levels of concern not seen in a month.
Also interesting: 56% conclude that the country’s moving too quickly to reopen, while only 15% say it’s moving too slowly and 29% believe the country is moving at about the right pace.
CNBC: “An additional 1.48 million Americans filed for unemployment benefits last week, the Labor Department said. Economists polled by Dow Jones expected a print of 1.35 million. This marks the second straight week that U.S. jobless claims data were worse than expected.”
Texas Gov. Greg Abbott (R) “took his most drastic action yet to respond to the post-reopening coronavirus surge in Texas, shutting bars back down and capping restaurant capacity at 50%,” the Texas Tribune reports.
“He also shut down river-rafting trips and banned outdoor gatherings of over 100 people unless local officials approve.”