Roughly two in five Americans are still struggling to make ends meet, new federal data has shown – more than the amount seen in the aftermath of the Covid-19 pandemic.
The revelation comes from the Census Bureau’s latest household survey, released Wednesday, which shows some 38.5 percent of adults – or 89.1 million people – experienced difficulty paying their bills between April 26 and May 8.
The number is up from a year ago, when 34.4 percent of Americans reported they were undergoing budget crunches and comes as a near-50 percent increase from the 26.7 percent recorded in 2021.
h/t Stephen Green
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