The number of workers who say they are stretched thin has remained stubbornly high as inflation weighs on American households.

Breaking news: in one of the most productive countries / economies in the entire history of humanity, the majority of people creating that productivity do not get to enjoy the rewards of that productivity.

same as it ever was.

  • givesomefucks@lemmy.worldEnglish
    64·
    11 months ago

    but someone who would have to sell some stocks or stop retirement contributions might also think of themselves as “paycheck to paycheck.”

    And some people think the Earth is flat…

    But neither population is statistically significant

    • metaStatic@kbin.social
      7·
      11 months ago

      Selling my stocks to pay rent would be like selling my car to pay for a bus ticket.

      if you need to sell your stocks to receive value from them then you’re gambling not investing and I would actually consider that the same shitty situation.

    • OldWoodFrame@lemm.ee
      31·
      11 months ago

      The median savings is $5,300. So at the bare minimum, 12% of America has over $5,300 in savings but considers themselves “paycheck-to-paycheck.”

      • Drusas@kbin.social
        42·
        11 months ago

        If you only have about 5K in savings, you need that in savings for emergencies such as medical expenses or suddenly needing to move due to rent increases. That is paycheck to paycheck.

      • pan_troglodytes@programming.devEnglish
        43·
        11 months ago

        jeez. that’s the low-end of my goal for yearly savings. I generally average a bit more, at least the last few years.