Courtesy of the democratic party.
https://www.cbsnews.com/news/social...niors-more-americans-struggling-to-pay-bills/
More Americans are struggling to pay their household bills compared with a year ago, but the rise in hardship isn't hitting all groups equally.
Older workers and people over 65, who are largely retired, have experienced the sharpest rise in financial hardship among all age groups compared with a year earlier, according to an analysis of U.S. Census data.
The share of people 55- to 64-years-old who said they had difficulty paying their bills in the last seven days rose 8 percentage points in late April to early May versus a year ago. A startling 37% of people in that age group report finding it somewhat or very difficult to handle their financial obligations. Almost 30% of seniors, or those 65 years and older, are struggling to pay their expenses, a 7 percentage point jump from a year earlier.
https://www.cbsnews.com/news/social...niors-more-americans-struggling-to-pay-bills/
More Americans are struggling to pay their household bills compared with a year ago, but the rise in hardship isn't hitting all groups equally.
Older workers and people over 65, who are largely retired, have experienced the sharpest rise in financial hardship among all age groups compared with a year earlier, according to an analysis of U.S. Census data.
The share of people 55- to 64-years-old who said they had difficulty paying their bills in the last seven days rose 8 percentage points in late April to early May versus a year ago. A startling 37% of people in that age group report finding it somewhat or very difficult to handle their financial obligations. Almost 30% of seniors, or those 65 years and older, are struggling to pay their expenses, a 7 percentage point jump from a year earlier.
