March 24, 2020

Embracing Community in the Face of the Coronavirus

Efforts to stop the spread of the coronavirus (COVID-19), such as restaurant closures and shelter-in-place orders, have been slowing down business in a number of industries. Before the health crisis is done, a financial crisis may come that adds to the damage many Americans are already dealing with. Right now, though, we have the opportunity to reject the fear, divisiveness, and unrest that can come with that and, instead, pull together and help each other all get through the hard times.

It looks like many EarnIn community members are getting fewer work hours or no hours at all due to the coronavirus. From March 10 to March 17, EarnIn recorded a drop in the average number of hours our community members were working. Every state in the U.S., plus D.C., showed a reduction in working hours to some degree, ranging from 3.99% on the low end to as much as 21.22% on the high end.

Looking outside of our own data, there are warnings of an employment shortage coming from other sources. Several states, such as Colorado and Ohio, reported large spikes in the number of people filing for unemployment last week.1 Industries related to travel, such as lodging, convention centers, and airlines, are seeking billions of dollars in aid from the federal government to avoid laying off more workers.2 Restaurants in New York City are letting nearly all of their employees go, and restaurants in other cities are facing similar situations.3 It feels like the economy is slowing down for everyone except for grocery store and healthcare workers, many of whom are working long hours to keep up with people buying supplies and needing treatment, respectively.45

That sounds discouraging, but in times like these, it’s important to remember the positive influence we can have on our community. If you look, you can find examples of people helping others just as easily as you can find bleak statistics. In Lawrence, Kansas, a restaurant called Ladybird Diner offered take away sack lunches to anyone who needed them last week after it stopped offering dine-in service.6 In Seattle, artist Yadesa Bojia did an Amharic-language livestream where he read out the Centers for Disease Control and Prevention’s public health guidelines to make the information more accessible to the Ethiopian-American community.7 Volunteers are starting remote mutual aid groups all around the country, coordinating using online spreadsheets to make sure locals who need supplies or a helping hand can get matched with support.8

In the midst of a problem affecting nearly the entire country, no one should have to fend for themself. Whether you need help or you’re in a position to offer help, safely and carefully reach out to those around you. How we respond to the impact of the coronavirus now will shape what the aftermath looks like.

You may enjoy

Helpin’s Success Shows the Power of Conversation
Helpin’s Success Shows the Power of Conversation
Last week, EarnIn started a Facebook group called Helpin to foster resources that can help people with financial issues, job loss, access to nutrition, and more.
Helpin Resource Roundup
Helpin Resource Roundup
The Helpin Facebook group is cataloging resources to help our community weather the coronavirus. Here are a few highlights from this week.
A Message From EarnIn Regarding Unemployment
A Message From EarnIn Regarding Unemployment
Read the message from EarnIn regarding the future of their unemployment in looking for new ways to build a better system that works for people.
Helpin Resource Roundup
Helpin Resource Roundup
The Helpin Facebook group is cataloging resources to help our community weather the coronavirus. Here are a few highlights from this week.
Earnin's Employee Resource Groups: Parenting
Earnin's Employee Resource Groups: Parenting
Balancing parenting and work can be a challenge. Learn more about our parenting group and how it supports our employees on our blog.
Worried About Coronavirus? Here Are Resources to Help You Stay Safe
Worried About Coronavirus? Here Are Resources to Help You Stay Safe
All in on a whole new look
All in on a whole new look
Discover how EarnIn is evolving with our community in mind and learn more about our recent rebranding efforts - a fresh look for a brighter future.
The Effects of Cutting Unemployment Benefits Early
The Effects of Cutting Unemployment Benefits Early
Cutting unemployment benefits early can have far-reaching consequences. EarnIn's blog explores the potential effects of this controversial policy.
Earnin Helps Drive 2020 Census Engagement
Earnin Helps Drive 2020 Census Engagement
EarnIn is proud to drive participation in 2020 census and help unlock federal funding for communities. Learn more about EarnIn's values on our blog.
Helpin Resource Roundup
Helpin Resource Roundup
The Helpin Facebook group is cataloging resources to help our community weather the coronavirus. Here are a few highlights from this week.
Helpin Resource Roundup
Helpin Resource Roundup
Discover EarnIn's Helpin resource roundup - your source for financial wellness tips and resources to help you budget and achieve your goals.
Earnin Update on Coronavirus
Earnin Update on Coronavirus

EarnIn is a financial technology company not a bank. Subject to your available earnings, Daily Max and Pay Period Max. EarnIn does not charge interest on Cash Outs. EarnIn does not charge hidden fees for use of its services. Restrictions and/or third party fees may apply. EarnIn services may not be available in all states. For more info visit earnin.com/TOS.

Download on the App Store
4.7 +189K ratings
Download on Google Play
4.6 +200K ratings