“I have people who rely on me to be able to pay their rent,” she said. JPMorgan Chase said Thursday that it expected the U.S. economy to contract in the first two quarters of the year, which would meet a common definition of a recession. “That’s at least $10,000,” Ms. Perez said. She normally employs 20 people at an event to serve food and bus tables. Since they are hourly workers, if there is no event, there is no pay.

Source: New York Times March 15, 2020 09:00 UTC