40% of those in households making under $40k lost their job in March, Fed finds

40% of those in households making under $40k lost their job in March, Fed findsThe Federal Reserve says nearly 40% of people in households making under $40,000 a year lost their jobs in March, illustrating the damage the COVID-19 crisis has inflicted on low-income families. Yahoo Finance’s Brian Cheung joins Zack Guzman to discuss.

from Yahoo Finance https://ift.tt/2Z0GZ6A

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