Nearly 80 percent of Americans are living paycheck to paycheck, according to a survey released Thursday by CareerBuilder.
78 percent live paycheck to paycheck, up from 75 percent last year. 81 percent of women live paycheck to paycheck vs. 75 percent men. Nine percent of workers making $100,000 or more live paycheck to paycheck. More than 1 in 4 do not contribute to savings each month. Nearly 3 in 4 say they are in debt; more than half think they always will be in debt.
“Living paycheck to paycheck is the new way of life for U.S. workers,” CareerBuilder spokesman Mike Erwin told CBS News. “It’s not just one salary range. It’s pretty much across the board, and it’s trending in the wrong direction. Jobs have come back, but we haven’t seen salaries rebound.”
Further, 59 percent of Americans making $100,000 or more say they are in debt, and 70