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In the News: Professor Jones: 'Households have actually increased savings'
In the News: Professor Jones: 'Households have actually increased savings'
In the News: Professor Jones: 'Households have actually increased savings'
10/5/2020
Household income surges despite unemployment
"Household income for many Guam families increased when federal pandemic unemployment benefits started coming in, driving up personal savings and leading others to open their first bank accounts, financial experts said."
UOG Professor of Economics Roseann Jones weighs in on how the pandemic and federal assistance is impacting household spending and saving.
Read the full story in the Guam Daily Post.
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