ACCI Conference 2024

The COVID-19 pandemic has resulted in the closure of numerous businesses and widespread job losses, significantly impacting individuals and families. Those involuntarily unemployed face financial challenges, leading to cutbacks in various expenses, particularly in food, often resorting to lower-quality options. This study aims to assess the repercussions of job loss on food expenditure and compare these effects with other types of spending, examining people’s attitudes toward the importance of food consumption in relation to activities like leisure.

Author(s): Kiet Tuan Le, Thanh Nguyen, Nina Rutledge