A new poll shows nearly 19% of Americans have been laid off from their jobs or have experienced a reduction in their work hours as a result of measures to contain the coronavirus outbreak.

The survey, conducted by The Marist Poll, found that the proportion affected grew for lower-income households, with 25% of those making less than $50,000 a year reporting that they had been let go or had been scheduled for reduced hours.  The same poll found that about 56% of Americans still consider the coronavirus outbreak a “real threat”, while 38% said it was “blown out of proportion”.

Travel and hospitality industries have been hit the most.

Severe drops in demand, quarantine measures and various other travel restrictions are expected to spread across virtually the entire economy. So far, though, restaurants, bars, hotels and airlines are among the hardest-hit sectors.

In the travel industry alone, a report by the U.S. Travel Association is projecting 4.6 million jobs lost this year….CLICK for complete article