TransUnion Senior Vice President, Research and Consulting Charlie Wise visited the show to share the latest findings from its Global COVID-19 Consumer Financial Hardship Study. Charlie revealed how COVID-19 crisis has been impacting consumer finances similarly around the world with Millennials facing the greatest challenge.
Here are some of the findings:
76% of Millennials impacted by COVID-19 (highest percentage among generations)
22% of Millennials lost their jobs
45% of Millennials had work hours reduced
31% of Millennials had partner affected by COVID-19
Charlie dissects the numbers, revealing why are Millennials being hit the hardest, as well as many more stats on how consumers and businesses in general have been hit by this pandemic.
Check it out and let us know your thoughts.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.