January 16, 2019

Ashburn, Virginia. Change [your]LOCATION

78% of US workers live paycheck to paycheck

Jan 9, 2019 |

By CNBC

The partial government shutdown, which began Dec. 22, has now stretched well into the new year. President Donald Trump said Friday that it would continue for "months or even years" until he receives the requested $5 billion in funding for a border wall.

The shutdown has left approximately 800,000 federal workers in financial limbo. Around 420,000 "essential" employees are working without pay, while another 380,000 have been ordered to stay home, according to calculations provided to CNBC by Paul Light, a professor of public service at New York University.

In some cases, the furloughs have forced government employees to tap into their savings, rely on credit cards or crowdsource funds to make ends meet.

Government workers are far from alone in feeling stressed about not getting paid. Nearly 80 percent of American workers (78 percent) say they're living paycheck to paycheck, according to a 2017 report by employment website CareerBuilder. Women are particularly vulnerable: 81 percent of them report living paycheck to paycheck, compared with 75 percent of men.

Tony Reardon, president of the National Treasury Employees Union, tells CNBC that the group has heard from hundreds of frantic federal employees. "They're scared," he says. "They don't know how they're going to put food on the table."

Various #ShutdownStories making that point have gone viral on Twitter.

James Ecker@GPUSlayer

I am not on strike. I was furloughed against my will. I am against spending tax payer money on a wall. I am not on strike demanding a wall. I would very much like to go back to work

12.2K people are talking about this

terry owens@emi200410

I want to go back to work. I DON'T WANT A WALL!!! I'm the sole income supporter for my family. Mortgage Co. won't work with me. May lose my home and the thought of having to stand in line for food is a embarrassing. @realDonaldTrump

9,882 people are talking about this

Amanda Deibert🏳️‍🌈

@amandadeibert

If you are currently working without pay during the shutdown, or are furloughed and willing to share please comment and let people know what you do. I think it is important for everyone to understand the families and services that are currently impacted. It is VAST.

Fauxhawk@BonnieKRobinson

We are a 2-fed household & both furloughed (going on 2+ wks now!). Our agencies protect clean air & water for Americans, and promote gender equality & women’s empowerment in developing countries around the world. We are sad to have our work caught up in this political stunt.

260 people are talking about this

It's not merely those earning low wages who are struggling. CareerBuilder reports that nearly 10 percent of Americans with salaries of $100,000 or more live paycheck to paycheck as well.

The partial government shutdown, which began Dec. 22, has now stretched well into the new year. President Donald Trump said Friday that it would continue for "months or even years" until he receives the requested $5 billion in funding for a border wall.

The shutdown has left approximately 800,000 federal workers in financial limbo. Around 420,000 "essential" employees are working without pay, while another 380,000 have been ordered to stay home, according to calculations provided to CNBC by Paul Light, a professor of public service at New York University.

In some cases, the furloughs have forced government employees to tap into their savings, rely on credit cards or crowdsource funds to make ends meet.

Government workers are far from alone in feeling stressed about not getting paid. Nearly 80 percent of American workers (78 percent) say they're living paycheck to paycheck, according to a 2017 report by employment website CareerBuilder. Women are particularly vulnerable: 81 percent of them report living paycheck to paycheck, compared with 75 percent of men.

Tony Reardon, president of the National Treasury Employees Union, tells CNBC that the group has heard from hundreds of frantic federal employees. "They're scared," he says. "They don't know how they're going to put food on the table."

Various #ShutdownStories making that point have gone viral on Twitter.

James Ecker@GPUSlayer

I am not on strike. I was furloughed against my will. I am against spending tax payer money on a wall. I am not on strike demanding a wall. I would very much like to go back to work

12.2K people are talking about this

terry owens@emi200410

I want to go back to work. I DON'T WANT A WALL!!! I'm the sole income supporter for my family. Mortgage Co. won't work with me. May lose my home and the thought of having to stand in line for food is a embarrassing. @realDonaldTrump

9,882 people are talking about this

Amanda Deibert🏳️‍🌈

@amandadeibert

If you are currently working without pay during the shutdown, or are furloughed and willing to share please comment and let people know what you do. I think it is important for everyone to understand the families and services that are currently impacted. It is VAST.

Fauxhawk@BonnieKRobinson

We are a 2-fed household & both furloughed (going on 2+ wks now!). Our agencies protect clean air & water for Americans, and promote gender equality & women’s empowerment in developing countries around the world. We are sad to have our work caught up in this political stunt.

260 people are talking about this

It's not merely those earning low wages who are struggling. CareerBuilder reports that nearly 10 percent of Americans with salaries of $100,000 or more live paycheck to paycheck as well.

Full Article Here

More Top Stories

Translate »
Resize Font
Contrast