By Casey Harper (The Center Square)
A growing number of Americans are living paycheck to paycheck despite increasing wages, a newly released report found.
PYMNTS and Lending Club released the report, which says that 61% of Americans are living paycheck to paycheck, an increase of 7 points since May 2021. The report also found 54% of Baby Boomers and seniors are living paycheck to paycheck.“Even in late 2021, with COVID-19 refusing to recede from the public consciousness, the economic toll is being aggravated by the steady rise in prices that has persisted since the spring,” the report said. “The inflation […]
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