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. 2022 Mar 7;56(1):276–291. doi: 10.1111/joca.12443

TABLE 5.

Respondents' use of savings based on employment status during COVID‐19 (N = 526)

Amount of savings spent to cover COVID‐19 expenses f (%)
Employment status None Small Moderate Substantial All
Still employed and making same income as prior to COVID‐19. 110 (20.9) 58 (11.0) 31 (5.9) 13 (2.5) 12 (2.3)
Still employed but have experienced a significant decrease in hours/income because of COVID‐19. 19 (3.6) 36 (6.8) 32 (6.2) 17 (3.2) 26 (4.9)
Unemployed and not working because of COVID‐19. 9 (1.7) 12 (2.3) 9 (1.7) 15 (2.9) 20 (3.8)
Not employed prior to COVID‐19 and still not employed (includes retired, homemakers). 48 (9.1) 20 (3.8) 17 (3.2) 7 (1.3) 15 (2.9)