Why Covid impact is being felt more acutely now

A survey of over 1000 persons by BofA Securities shows that COVID- 19 outbreak is fast progressing from a supply shock, to prevent spread, to a demand shock, on falling incomes and job losses. Only 16% reported that they saw no change in income and employment since lockdown. While 19% have lost their jobs.

from Markets-Economic Times https://ift.tt/330stO1
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