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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.
University of Guam
Unibetsedȧt Guåhan
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Mangilao, Guam 96913
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The University of Guam is a U.S. Land Grant and Sea Grant Institution accredited by the WASC Senior College and University Commission. UOG is an equal opportunity provider and employer committed to diversity, equity and inclusion through island wisdom values of inadahi yan inagofli'e: respect, compassion, and community.
