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We use the Labor Force Survey and the monthly Revenue Statistics of the Hungarian Central Statistical Office to investigate the short term economic impacts of the CoVid pandemic during its 1st wave. The microdata allow us to investigate the economic crisis beyond the aggregate statistics. The downturn was harsher than during crisis in 2008-09 and the inequality has also increased. College graduates suffered less than the average: they lost their job with a lower probability, they were more likely to switch to home office and their firms suffered lower revenue drop. The revenue of foreign owned, exporting firms dropped more in March but their revenue tuned back to the pre-crisis level in Summer. As opposed to this, domestic firms suffered a slower but more permanent decline.