The number of households living paycheck to paycheck has risen. Why?

Comments

• Darkcoffee@sh.itjust.works ⁨12⁩ ⁨hours⁩ ago

  USA Today out there asking the dumbest questions where everyone knows why, even the rich causing it.

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• thehowlingnorth@lemmy.ca ⁨13⁩ ⁨hours⁩ ago

  Yup, it’s a real mystery.

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• PunnyName@lemmy.world ⁨12⁩ ⁨hours⁩ ago

  Because minimum wage isn’t tied to inflation and regional cost of living.

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• Maeve@kbin.earth ⁨13⁩ ⁨hours⁩ ago

  "That's very much a wage story," Wadford said. "Since the beginning of the year, wages for lower-income households have continued to fall...while inflation continues to remain stubbornly high."
  In 2025, 29% of lower-income households live paycheck to paycheck, up from 28.6% in 2023 and 27.1% in 2023.

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