"Majority of Americans Struggle with Paycheck-to-Paycheck Living Amidst Wage Stagnation and Inflation"

Despite signs of cooling inflation, 60% of Americans are still living paycheck to paycheck, with real average hourly earnings declining and households struggling to make ends meet. Rising prices for housing, food, and child-care, along with higher interest rates on credit card debt and auto loans, are putting pressure on budgets. Lower-income workers have been hit the hardest, with 76% of those earning less than $50,000 a year living paycheck to paycheck. Financial stress is affecting 70% of Americans.