Policy paper
Impact of COVID-19 on working household incomes: distributional analysis as of May 2020
This document sets out the estimated distributional impacts of COVID-19 on working households’ incomes, as of the end of May 2020, according to emerging household survey data.
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This analysis sets out the impact of government support on working households’ incomes against the impact of earnings and job losses, comparing incomes in May 2020 to what they were in February this year. It shows that government interventions since March have:
- supported the poorest working households the most (as a proportion of February income)
- been worth around a fifth of incomes for working households (on average)
- reduced the scale of losses for working households by up to two-thirds
Published 8 July 2020