COVID-19

Facing another month of costs in the coronavirus economy

Andie Corban Jun 2, 2020
Heard on:
HTML EMBED:
COPY
Another month, another monthly credit card bill. Damien Meyer/Getty Images
COVID-19

Facing another month of costs in the coronavirus economy

Andie Corban Jun 2, 2020
Heard on:
Another month, another monthly credit card bill. Damien Meyer/Getty Images
HTML EMBED:
COPY

The start of June marks a new round of mandatory payments for things like rent, credit card bills and car loans. We checked in with two people who we spoke to at the start of April and May about how their economic lives have changed in the past month.

April Oliver

Oliver was set to start a job at an environmental consulting firm in Boseman, Montana, when the crisis hit. Her offer was delayed because of the coronavirus, but she started working in May and is now moving to full-time.

“It’s definitely been a roller coaster,” Oliver said. “Even two months ago, I felt so despondent and hopeless. I thought that surely I’d stay unemployed for the rest of the year.”

Even with her new employment situation, Oliver is still being cautious with her spending.

Maria Barillas

Barillas, a waitress and barista in Brooklyn, New York, has been out of work since mid-March, when her restaurant closed. It has since reopened for takeout, but she hasn’t been called back in to work.

“I feel like at the beginning of the pandemic, I thought for certain that we’d be back to work by mid-May, early June,” Barillas said. “Now it feels less certain that jobs are gonna be there waiting for us.”

Barillas has been looking for other jobs but hasn’t found many places hiring. She said her unemployment insurance is helping her feel stable right now.

“The extra $600 [per week] that the government has allotted to people who have lost their jobs to coronavirus is very helpful,” she said. “But I think as June turns into July, that’ll be when I start feeling a little more anxious, when that emergency fund runs out.”

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.