Institute for Economic and Social Research – Faculty of Economics and Business – Universitas Indonesia

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Low Economic Community Are More Affected by the Pandemic

Friday August 20th, 2021

Using primary data from the LPEM FEB UI survey conducted in August—September 2020, this study found that people with higher economic conditions and older tend to have relatively stable or increased income and expenses during the COVID-19 pandemic. On the other hand, individuals with lower socioeconomic levels with jobs in the worst-affected sectors experienced reduced income and expenses during the COVID-19 pandemic. The coping mechanisms between individual groups during the COVID-19 pandemic are also different, with people with stable jobs and higher asset holdings having several positive ways of surviving.

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