A new survey from employment site CareerBuilder has some cheery news: About 61% of employees live paycheck-to-paycheck, and 21% of workers are stealing from their retirement funds to make ends meet. And these are the lucky folks who still have jobs.
According to the survey, even workers making over $100,000 are feeling the pinch; 30% are living check-to-check, up 9% from last year. “Workers are employing a variety of tactics to help make ends meet in this economy,” said Rosemary Haefner, VP of human resources for CareerBuilder. “Whether it’s by keeping a tighter budget, finding ways to bring in additional income or adjusting their savings strategies, workers are doing their best to weather the current storm.”
What was it Bernanke said the other day? Oh, right. Recession’s over! Too bad it’s Friday, or we’d have enough cash to pick up some ripple to celebrate!
61 Percent of Employees Live Paycheck to Paycheck [Nielsen Business Media]