Winter Storm Jonas Could Hit The Working Class The Hardest
While Winter Storm Jonas is dumping snow all over the Northeastern U.S., it could be affecting people who are paid by the hour the most.By Grant Suneson | January 25, 2016
Winter Storm Jonas hammered the Northeastern U.S., dumping over a foot of snow on several major cities and leading to the deaths of at least 31 people.
And Jonas could also be responsible for huge financial losses across the region, including for working-class families. An economist at Moody's says the affected area's average economic output of $16 billion per day is in jeopardy. (Video via WMAR)
But most of that output is done during business hours throughout the week, while Winter Storm Jonas arrived over the weekend. So most of the economic impact is being felt elsewhere.