Workers are running out of money between paychecks
According to a report by Salary Finance, over 75% of working Americans believe that inflation has impacted their finances over the past year. They also found that around 1 in 5 workers are regularly running out of money between paychecks, which is up from 15% last year. Economic analyst Kayla Bruun said, “While no one is immune to recent spikes, smaller income households are feeling it most because they have less of a financial buffer.”
See "Workers are running out of money between paychecks", Jessica Dickler, CNBC, March 30, 2022