Search Results
Report
Job Losses for Younger Workers Recovering Unevenly
This research brief discusses an uneven recovery of jobs for respondents under the age of 36, a situation that is masked by overall improvements in job recovery.
Report
CFI COVID-19 Survey of Consumers — Relief Programs, Vaccines, and the Effects of the Crisis on Renters and Mortgage Holders
In an effort to gain insights into the impact of COVID-19 on financial security in the U.S., the Consumer Finance Institute at the Federal Reserve Bank of Philadelphia is conducting a series of national surveys of consumers that focus on changes in job status, income levels, and personal financial security. Data presented here represent results from the seventh wave of the survey conducted between January 4 and 15, 2021
Report
Back in the Loan Game: What Can We Expect from the Student Loan Payment Resumption?
The student loan repayment landscape has evolved rapidly, with many borrowers resuming payments for the first time since the payment pause began in April 2020. In this Special Report, we analyze current publicly available payments data and share insights from a July 2023 survey by the Consumer Finance Institute (CFI).
Report
The Lingering Economic Effects of COVID-19
Scientists are discovering that some patients infected with COVID-19 suffer from medical issues well after the virus is gone (Mayo Clinic Staff, 2020).
Report
It’s You, Not Me – Survey Data on AI’s Impact on Employees
While the effect of artificial intelligence (AI) on the workplace has received a significant amount of attention in recent years, the nature of that effect on employees and on the job market appears to be mixed among respondents to the LIFE Survey. Generally and across most demographic groups, employed respondents are very likely to disagree that AI is directly affecting their jobs or career opportunities. At the same time, they are very likely to agree that AI is affecting the job market as a whole
Report
Consumer Experiences with Auto, Home, and Renters Insurance Costs in 2024 – Survey Data
In light of increased attention on insurance costs for U.S. consumers, the Consumer Finance Institute (CFI) at the Federal Reserve Bank of Philadelphia conducted a survey of consumers in late 2024 to investigate experiences with price changes, insurance shopping, and the effect of unexpected expenses on insurance holders in the auto, home, and renters markets. In our data, premium cost increases were reported by a wide variety of consumers across the demographic spectrum and across insurance types. Cost increases were not limited to policyholders who filed claims or made changes to their ...
Report
CFI COVID-19 Survey of Consumers — Wave 6 Highlights Increasing Financial Concerns and the Impact of the Pandemic on Education Loan Holders
In an effort to gain insights into the impact of COVID-19 on financial security in the U.S., the Consumer Finance Institute at the Federal Reserve Bank of Philadelphia is conducting a series of national surveys of consumers that focus on changes in job status, income levels, and personal financial security. Data presented here represent results from the sixth wave of the survey conducted between November 4 and 20, 2020
Report
CFI COVID-19 Survey of Consumers — Employment, Income, and Financial Security as January 2022
Results collected during the 11th COVID-19 Survey of Consumers in January 2022 reveal that, although job loss had dipped in the previous survey report, job loss increased from 9.2 percent to 10.0 percent, according to respondents at the beginning of this year. Lower-earning respondents, who had reported improved job loss since Wave 8 in April 2021, reported increased job loss in Wave 11. The percentage of respondents working onsite and working normal hours both decreased slightly, while 19.0 percent reported that their full-year income had decreased from 2020 to 2021. Concerns about making ...