Lifestyle

Youngest and oldest Americans suffered most financially in the pandemic

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The pandemic exacted the most severe financial devastation on the fringes of American society—the youngest and the oldest. Those age groups also continue to suffer the after-effects as they seek to recover financially in the wake of the shock waves of the virus.

Those in the middle age groups were less affected, particularly baby boomers who fared far better than other groups in coping financially with the outfall of the virus.

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