Economics
Fed Poll Shows Many Americans Missing Solid Job Market's Bounty
- One in four Americans don’t feel they’re "at least doing OK"
- Two in five say they still can’t afford $400 emergency expense
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Many U.S. households remain in a precarious financial position despite unemployment falling to the lowest level in years, a new Federal Reserve survey shows.
The results of the Fed’s 2017 report on the the economic well-being of U.S. households, which also explored the consequences of the opioid epidemic for the first time, found that conditions have generally improved but many groups continue to struggle.