Number of Americans Living Paycheck to Paycheck Jumps Seven Percent, Report Shows

A growing number of Americans are living paycheck to paycheck despite increasing wages, a newly released report found.

PYMNTS and Lending Club released the report, which says that 61% of Americans are living paycheck to paycheck, an increase of 7 points since May 2021. The report also found 54% of Baby Boomers and seniors are living paycheck to paycheck.

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