Copyright © 2022, Los Angeles Times | | | | Advertisement When the U.S. economy reopens, whether sooner or later, chances are it won’t look the same as it did only a few months ago before the coronavirus outbreak.And the wider and deeper the pandemic runs, the more profound the future changes in American life are almost certain to be. Already the climb out of the looks to be long and slow.“The world that we are going to live in for at least the next two to three years will be totally different than what we are used to,” said Sung Won Sohn, president of SS Economics and professor at Loyola...…Copyright © 2022, Los Angeles Times | | | | Advertisement When the U.S. economy reopens, whether sooner or later, chances are it won’t look the same as it did only a few months ago before the coronavirus outbreak.And the wider and deeper the pandemic runs, the more profound the future changes in American life are almost certain to be. Already the climb out of the looks to be long and slow.“The world that we are going to live in for at least the next two to three years will be totally different than what we are used to,” said Sung Won Sohn, president of SS Economics and professor at Loyola...WW…

Copyright © 2022, Los Angeles Times | | | | Advertisement As in the last week, the numbers reflected a well-established fact: When the economy stumbles, the pain falls first and hardest on those least able to bear it.A suggested that 1 in 5 adults with jobs in February were hit with layoffs by early April and that those at the lower end of the income curve were at least twice as likely to be thrown out of work.“It’s like we have the same storm, but we have very different shelters,” said Mary Daly, president of the Federal Reserve Bank of San Francisco. “Some of us are well-sheltered. We can...…Copyright © 2022, Los Angeles Times | | | | Advertisement As in the last week, the numbers reflected a well-established fact: When the economy stumbles, the pain falls first and hardest on those least able to bear it.A suggested that 1 in 5 adults with jobs in February were hit with layoffs by early April and that those at the lower end of the income curve were at least twice as likely to be thrown out of work.“It’s like we have the same storm, but we have very different shelters,” said Mary Daly, president of the Federal Reserve Bank of San Francisco. “Some of us are well-sheltered. We can...WW…