The novel coronavirus COVID-19 pandemic has upended the US economy, and one group in particular is being hit the hardest.<br />According to Business Insider, a new survey from the Federal Reserve revealed sobering news about the most vulnerable sector of the population.<br />In total, 19% of all adults reported losing a job, having hours reduced, or taking unpaid leave in March.<br />But nearly 40% of people working in February with a household income below $40,000 reported that they'd lost a job in March.<br />This drop in work was also reflected in incomes, which fell 23% during the month.<br />Last week's April jobs report showed that 20.5 million jobs were erased in the month, and that the unemployment rate spiked to 14.7%.<br />That's the highest since the Great Depression. Job losses were most concentrated in leisure and hospitality, which typically offers low paid work.<br />This reversal of economic fortune has caused a level of pain that is hard to capture in words, as lives are upended amid great uncertainty about the future. Federal Reserve Chairman Jerome Powell
