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Examining Equity in COVID-19 Stimulus Payments
America Counts: Stories Behind the Numbers
Examining Equity in COVID-19 Stimulus Payments
More than 90% of potentially eligible individuals received pandemic-related stimulus payments but receipt varied across race and ethnic groups, according to recently published joint federal research.
Among the four largest race/ethnic subgroups of the potentially eligible population (Non-Hispanic White, Non-Hispanic Black, Non-Hispanic Asian and Hispanic of any race), Hispanic individuals had the lowest receipt rate (87%) and non-Hispanic White individuals the highest (94%).
In addition, lower-income individuals and families with children received payments earlier than higher-income individuals and families without children.
The research published May 8 investigates whether there were disparities in the disbursement of federal Economic Impact Payments (EIPs) as part of a broader effort related to Executive Order 13985, Advancing Racial Equity and Support for Underserved Communities Through the Federal Government.
Government Assistance Lifts 45.4 Million Out of Poverty in 2021
The 2021 U.S. official poverty rate of 11.6% was not statistically different from 2020 but the Supplemental Poverty Measure at 7.8% was lowest on record.