Thursday, September 20, 2012

Over two-thirds living paycheck to paycheck in US: Survey

A new survey by the American Payroll Association has indicated that more than two-thirds of Americans are living paycheck to paycheck.

According to the association, 68 percent of respondents said it would be somewhat difficult or very difficult if their paychecks were delayed for a week, Reuters reported on Wednesday.

The study also found that the results show Americans are still struggling with the recession's effects.

Sixty-five percent of respondents reported living paycheck to paycheck in 2006, a figure that increased to 72 percent in 2010 in the wake of the recession.


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