Tag: wage income

More Americans Are Living Paycheck to Paycheck Amid High Inflation

October 25, 2022
Business & Marketsdisposable incomeeconomic recessioneconomyincome growthinflationpersonal financereal wagesrecessionUSwage income
0 Comment

As inflation continues to remain elevated, Americans are struggling to make ends meet and finding that there isn’t much leftover after making monthly payments, according to a recent survey by LendingClub. As of September 2022, 63 percent of U.S. citizens were living paycheck to paycheck, up 5 percent from 57 percent in September 2021. Last…

Read More

US Job Switchers More Likely to See Pay Raise Compared with Those Who Stay Put: Analysis

July 29, 2022
AnalysisBusiness & MarketseconomyemploymentUSUS Newswage income
0 Comment

The majority of Americans who switch employers are seeing it pay off with higher wage growth, according to a new analysis of government data from Pew Research Center. According to the analysis, published on July 28, the majority of workers (60 percent) who switched their jobs between April 2021 to March 2022 saw an increase in their real earnings over the…

Read More