Fed Survey Reveals Which Americans The Pandemic Is Hitting Hardest
Fed Survey Reveals Which Americans The Pandemic Is Hitting Hardest

The novel coronavirus COVID-19 pandemic has upended the US economy, and one group in particular is being hit the hardest.

According to Business Insider, a new survey from the Federal Reserve revealed sobering news about the most vulnerable sector of the population.

In total, 19% of all adults reported losing a job, having hours reduced, or taking unpaid leave in March.

But nearly 40% of people working in February with a household income below $40,000 reported that they'd lost a job in March.