COVID-19 Economic Impact Survey

Hispanic Collaborative

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research Project: ECONOMIC IMPACT OF COVID-19 ON LATINOS

SEPTEMBER 2020 EXECUTIVE SUMMARY

  • Well over 50% of Latino Owned Businesses are showing signs of financial stress which could result in unusually high failure rates similar to those that occured post the Great Recession (50%).
  • 15% of local Latino businesses (750) are in urgent need of immediate action.
  • Latino employment has been negatively impacted through loss and reductions by 26.9 percentage points.
  • 50% of households are worse off financially. There was a very low level of savings/financial cushion prior to the pandemic which is consistent with the high levels of poverty in the community.
  • 33% of Latino households are at greater risk for eviction/ foreclosure.
  • Changing sentiments regarding consistent mask usage and testing remain a challenge.

Impact of C19 on MKEs Latinos 9-20 Data (pdf)

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ABOUT THE RESEARCH PROJECT

Proyecto Comunitario de Investigación: Impacto Económico de COVID-19 en Latinos

El Proyecto Comunitario de Investigación es una investgación en curso que el Colaborativo Hispano está conduciendo con la ayuda de la comunidad para poder entender el impacto económico de COVID-19 en los negocios y hogares latinos. La investigación creará una comprensión clara de la profundidad del impacto económico que COVID-19 ha tenido y lo que se necesita para mejorar la salud, las finanzas, la educación y el bienestar en Milwaukee. El Colaborativo Hispano compartirá esta información con los funcionarios de la ciudad y el estado, la comunidad empresarial, y con organizaciones filantrópicas para abogar por los recursos que nuestra comunidad necesita. Los datos recopilados a través de la investigación ayudarán a abogar por los recursos y servicios locales para la recuperación.


Haga la encuesta:

  • Individuos - En línea en el enlace https://dechh.questionpro.com 
  • Dueños de negocios - En línea en el enlace https://decbiz.questionpro.com
  • O contacte a Claudia Mejía, Investigadora Comunitaria, al 262-696-9137 o cmejia@mkehc.org si prefiere hacer la encuesta por teléfono.


Su respuesta ayudará a beneficiar a toda la comunidad. Las respuestas son anónimas y solo se informarán en conjunto.

Community Research Project: Economic Impact of COVID-19 on Latinos

  

The Community Research Project is ongoing research that the Hispanic Collaborative is doing with community partners to understand the economic impact of the COVID-19 crisis on local Latino-owned businesses and Latino households. The research will create a clear understanding of the depth of the economic impact that COVID-19 has had and what is needed to improve health, finances, education and well-being in Milwaukee. The Hispanic Collaborative will share this information with city and state officials, the business community, and the philanthropic community to advocate for resources our community needs. The data collected through the research will help advocate for local resources and services for recovery.


Take the survey:

  • Individuals - Online at https://dechh.questionpro.com
  • Business owners - Online at https://decbiz.questionpro.com
  • Or contact Claudia Mejia, Community Researcher, at 262-696-9137 or cmejia@mkehc.org if you would prefer to take the survey over the phone.


Your response will help the benefit of the entire community. Responses are anonymous and will only be reported in aggregate. 

Hispanic Collaborative; in conjunction with the MMAC

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