Paycheck-to-paycheck Living Dips
As the economy continues to show a gray outlook with brief glimmers of hope, a new CareerBuilder survey offers a small ray of sunshine. Results of the survey, which polled more than 2,500 hiring managers and 5,300 U.S. workers, showed that the number of people living paycheck-to-paycheck dropped to pre-recession levels.
The report, released August 11, showed that 42 percent of workers live paycheck-to-paycheck - a slight improvement over 2010’s number of 43 percent. That decrease can be attributed in part to workers tightening their purse strings during the recession and continuing to watch their spending, a CareerBuilder executive opined.
“A better employment picture in the U.S. has brought more steady incomes into households and workers are paying much closer attention to spending decisions and savings,” said Rosemary Haefner, vice president of human resources of the career resources company.
However, the survey respondents found that no matter how dire the economy got, there are amenities they wouldn’t give up: internet (56 percent), driving (46 percent), mobile phone service (42 percent), cable TV (27 percent) and dining out (11 percent).
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