Survey On The Correlation Between Impact and Lock down

ROUND EIGHTEEN

Top insights

Unsurprisingly, impact and lockdown were closely correlated. The government reopening on September 30 allowed business owners the flexibility and freedom to re-open and re-hire employees. At its low point, only half of employers were able to cover employees’ salaries, now 4 in 5 are able to do so.

Savings were a critical coping mechanism. Across rounds, savings was the top coping mechanism for respondents, with a small portion using more drastic mechanisms such as selling assets or borrowing.

There’s been a reduction in consumption and a rise in hunger. Respondents consume less than they did and are more likely to experience hunger today than before the pandemic. While there was a dip in hunger during the holiday period, the level of hunger in the group rose at the end of the study.