Published 2 years ago

7 in 10 workers surveyed say inflation is outpacing their pay

Summary by Ground News

71% of employees say the cost of living is outpacing their salary and wages. That's up from 58% in February. Despite being employed, 62% of workers are stressed about their finances. Consumer prices climbed by 8.3% year-over-year in August, according to the BLS.

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CNN

First on CNN: 71% of workers say their pay isn't keeping up with inflation

There is growing evidence that Americans are struggling to keep up with crushing inflation.

2 years ago·Atlanta, United States

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The Hill

7 in 10 workers surveyed say inflation is outpacing their pay

A growing number of Americans say the cost of living is climbing faster than their salary and wage growth amid rising inflation and recession fears, according to a new survey. A Bank of America-sponsored survey conducted in July and released Tuesday found that 71 percent of American employees say the cost of living is…

2 years ago·Washington, United States

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Washington Examiner

Inflation avalanche: 71% of workers say cost of living outpacing pay in new poll

As inflation weighs on the public, 71% of workers claimed their salary and wage growth is being outpaced by a rise in the cost of living.

2 years ago·Washington, United States

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ABC 36 News

Survey: 71% workers say pay isn't keeping up with inflation

(CNN NEWSOURCE) — Many Americans are worried about staying afloat financially.According to a survey from the Bank of America, 71 percent of U.S. workers say their salaries and wages can’t keep pace with the rising cost of living.That’s up from the 58 percent who said the same in February.The findings are from data taken in July and are based on Americans who have 401-K plans.44 percent of U.S. employees say they feel well-off financially, which …

2 years ago·Lexington, United States

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Entrepreneur

71% of Workers Say Inflation Is Outpacing Pay Wages

A new survey found that three in four employees find that their pay isn't keeping up with the rising costs of inflation. See how people are getting by.

2 years ago·S F, United States

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