Fed poll shows many Americans missing solid job market’s bounty

THE RESULTS of the Fed’s 2017 report on the economic well-being of U.S. households showed that two in five Americans don’t have enough savings to cover a $400 emergency expense, and one in four don’t feel they are “at least doing OK” financially. / BLOOMBERG FILE PHOTO/PATRICK T. FALLON
THE RESULTS of the Fed’s 2017 report on the economic well-being of U.S. households showed that two in five Americans don’t have enough savings to cover a $400 emergency expense, and one in four don’t feel they are “at least doing OK” financially. / BLOOMBERG FILE PHOTO/PATRICK T. FALLON
NEW YORK - Many United States 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,…

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