Financial hardship has taken center stage during the coronavirus pandemic. Individuals’ financial situations have been continuing to worsen since the second quarter of last year. As of the last three months, data show that nearly three in ten adults say their financial status has gotten worse since the pandemic started spreading in the U.S.  

While the impact across the entire population is high, data from CivicScience show that the pandemic has had an outsized impact on women when it comes to money. As of the end of March, of those who report being financially worse-off, 53% are women. When comparing results to last year, the data has largely remained the same; it seems there haven’t been improvements for women at large.  

Data also show that this problem is pervasive across women of all ages. Compared to last year, more women in every age group say they’re experiencing worsening financial situations. However, the largest observed jump year-over-year occurred in women ages 45-54. So far in 2022, 30% of this segment report worsening situations but last year, that number was only 25%. 

Another group of Americans who have been disproportionately impacted by the pandemic are mothers. Last year, 26% of moms reported experiencing financial issues caused by the pandemic. This year, that number is even higher – nearing 30%. 

While the world continues to experience the effects of the pandemic, CivicScience will be keeping track of how women are being impacted.