CNN BUSINESS | Covid gutted many people financially, but others are doing better than ever

The pandemic, now in the beginning of its second year, has had a notable and unequal effect on Americans’ financial well-being.

While some people have lost jobs and income, others seem to be thriving. And the chances of falling into either camp vary by income, age, race or ethnicity and gender, according to findings from a new nationwide survey by the Pew Research Center.

For instance, 44% of those Pew surveyed said they or someone in their household experienced either a job loss or pay cut since February 2020. Among those who were most likely to have experienced one or both of those earnings hits were lower-income adults (49%), young adults (61%), Hispanics (58%) and Asian Americans (54%).  –read more—