The Working Poor

Millions of people work to pay bills across the sea. This piece demonstrates the frustrations of the economy.People living paycheck to paycheck are sometimes referred to as the working poor. Living paycheck to paycheck can occur at all different income levels. The working poor are often low-wage earners with limited skills but can include those with advanced degrees and skills. Many Americans live paycheck to paycheck because the cost of living has not increased in proportion to salaries. As the cost of living surged in 2022, the number of Americans living paycheck to paycheck jumped to 64% as of December, according to a recent report. Paycheck to paycheck is an expression describing an individual who would be unable to meet financial obligations if unemployed. Those living paycheck to paycheck predominantly devote their salaries to expenses. Living paycheck to paycheck may also mean living with limited or no savings and refer to people at greater financial risk if suddenly unemployed than individuals who have amassed a cushion of savings. (Investopedia & CNBC) Support the showPoems are green and Poetry is mean. -Poetry Beast Please accept my endless gratitude,I'm tickled pink,You're a gift!Thank you for your time and attention.It's a blessing you've stopped to observe and listen.ADDITIONAL INFO: @thebaldheadedpoet | Linktree