More Young Adults Are Living Paycheck to Paycheck in the US
- Rising cost of living creates generational differences
- Share of young adults struggling to cover bills is rising
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The share of young people who struggle to cover everyday bills jumped from a year ago, while that of seniors living paycheck to paycheck leveled off, according to a report.
The survey, conducted by LendingClub Corp. in partnership with industry publication Pymnts.com, shows a widening generation gap in the way Americans are coping with inflation and higher costs of living.