A growing body of research demonstrates that COVID-19 has had a profound impact on family functioning and well-being in a range of countries. The fear and uncertainty of the health risks, in addition to the stress from ensuing restrictions and constraints on everyday life caused major disruptions, impacting the financial, emotional, and physical well-being of adults and children alike. In this report, we summarize the current literature on the impact of COVID-19 disruption to family functioning and economic well-being as a context for this special issue. Our findings indicate that while the pandemic may have caused a reallocation of intra-familial tasks, a large gender disparity remains regarding the proportion of domestic work and childcare. The pandemic disproportionally impacted lower-income families, families from ethnic minority and vulnerable groups, and women. Finally, the financial impacts of the emergence in Spring of 2020 have strained family relationships, although the effects depend to a large extent on quality of the relationships and family well-being before COVID-19. To address the long-term bidirectional effects of the pandemic on family well-being and the well-being of the global economy calls for research that crosses disciplinary divides.
