A recent study from the University of Southern California painted a dire portrait of the US economy over the weekend; revealing half of Los Angeles residents are now unemployed just one month after the national shutdown.
“In L.A., there was a certain level of insecurity to begin with, and it has increased a little bit more than it has in the national average,” said USC’s Jill Darling, survey director for the Understanding America Study.
According to the United States Bureau of Labor, more than 22 million jobs have been slashed from the country’s economy since the Coronavirus outbreak began in early March.
The disease has killed more than 40,000 Americans, with scientists predicting that number could reach 60,000 by the end of August.
Read the full report here.