63% of workers unable to pay a $500 emergency expense, survey finds. How employers may help change that
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High inflation continues to add financial stress to workers' budgets. Experts say new benefits to provide emergency savings plans may help.
  • escapesamsara
    2·
    1 year ago

    Financially illiteracy is a point; but it’s not a point for 50+% of the US. Median wage is $50k/year, which is far too low to ever purchase a home, so they’re affected by the median rent being $1,383. which is half their net income.