Investors had been unsure about the exact end date of the Federal Reserve's stimulus efforts
Federal Reserve

The COVID-19 pandemic has negatively affected Americans with lower levels of education more than their educated peers, a new report by the Federal Reserve said.

According to the report released on Monday, nearly nine in ten U.S. adults with at least a bachelor’s degree said they were doing at least “okay” financially, while only 45 percent of those with less than a high school degree shared the same optimism about their financial prospects.

“Even as the economy has improved, we can certainly see that some are still struggling, especially those who lost their jobs and those with less education, many of whom fell further behind,” Fed Board Governor Michelle Bowman said in a statement.

Disclaimer: News Ghana is not responsible for the reportage or opinions of contributors published on the website.

Send your news stories to [email protected] and via WhatsApp on +1-508-812-0505 

Previous articleTanzanian police urged to intensify battle against cross-border crimes
Next articleU.S. approval of arms sale to Israel criticized as “adding fuel to fire”
Xinhua News Agency, Xinhuanet is an important central news service-oriented website, an important information organ of the central government, and an important platform for building up China's online international communication capacity. Established on November 7, 1997, as an online news provider of the Xinhua News Agency, it was officially named Xinhuanet on March 10, 2000 and began around-the-clock news release with leading online public opinion at home and setting a good image of China abroad as its main task.


Please enter your comment!
Please enter your name here