Who is Living Paycheck to Paycheck?
Finally, some good news for Americans.
It’s a rough time in America – trying to make ends meet in a less-than-amazing economy. However, it was recently polled that fewer African-Americans are dealing with tough times on a weekly basis.
According to the study, 36% of workers said they live paycheck to paycheck, which is a dramatic drop from previous years. Researchers suggest that as the economy continues to boost, less Americans will have to live with the burden of living week to week.
Still, 36% is quite a few, especially when you consider who that 35% represents. Many of those living paycheck to paycheck are considered middle class and low-to-moderate income households.
Researchers suggest many of these households may very well be minorities, who struggle trying to achieve the American dream due to financial constraints from racial inequality.
So when will America see the economic recovery trickle down to the middle and lower classes? Only time will tell.
Who do you think is living paycheck to paycheck?