60% of Americans are still living paycheck to paycheck as inflation hits workers' wages
Publishing timestamp: 2023-09-27 09:16:08
Summary
A significant number of Americans are living paycheck to paycheck, with inflation and higher interest rates putting pressure on household budgets. Wage growth has not kept up, leading to financial challenges for many consumers. Lower-income workers are particularly affected. Many Americans are stressed about finances and lack emergency savings.
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Keywords: personal loans, economic events, credit cards, jerome powell, lendingclub corp, investment strategy, personal saving, wages and salaries, personal finance, u.s. economy, inflation, united states, retirement planning, business news, personal budgeting, prices, interest rates, personnel,
Source: https://www.cnbc.com/2023/09/27/60percent-of-americans-are-still-living-paycheck-to-paycheck.html