Fed report finds many people left behind by growth

Janet Yellen has been an advocate of a greater focus on inequality

The US economy is on an upward trajectory but major segments of the population still have trouble paying bills and maintaining adequate resources for emergencies, according to research by the Federal Reserve.

The fourth annual survey of US households finds that while there have been small improvements in recent years, many people still report hardship.

“The survey findings remind us that many American households are struggling financially, including fully 40% of those with a high school

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