LendingClub - New Reality Check: The Paycheck-To-Paycheck Report: The Employment Edition - October 2022 - Learn how inflationary pressures have impacted employment and wages among paycheck-to-paycheck consumers

40% Of US Households Are More Vulnerable to Labor Market Volatility

New Reality Check: The Paycheck-To-Paycheck Report: The Employment Edition

October’s “New Reality Check: The Paycheck-To-Paycheck Report,” a collaboration with LendingClub, dives into the employment and wage prospects of 3,942 U.S. consumers amid an uncertain economy and discovers that earnings disparities can make certain populations more vulnerable to labor market swings.

Inside the October Report

  • 37%: Share of paycheck-to-paycheck consumers with issues paying their monthly bills who earn at least 75% of their household income
  • 61%: Share of paycheck-to-paycheck consumers living without difficulty who are concerned about economic conditions
  • 38%: Share of Generation Z consumers who believe they are unlikely to find a new job in the next three months that would fit their qualifications and wage demands

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    New Reality Check: The Paycheck-to-Paycheck Report