Unusual Whales

55% of workers say their pay isn’t keeping up with inflation

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55% of workers say their pay isn’t keeping up with inflation, per CNBC.

Salary increases are not keeping up with the cost of living increases, per J.P. Morgan.

Per CNBC:  40% of Americans say they feel “financially unhealthy, per CNBC.

Some 58% of Americans feel that their quality of life is decreasing. 69% say their salary is not keeping pace.

Here’s the average salary each generation says they need to feel financially healthy:

  • Gen Z: $171,633
  • Millennials: $133,758
  • Gen X: $112,222
  • Baby boomers: $78,317

See original article: https://www.cnbc.com/2022/07/28/salary-and-savings-americans-need-to-feel-financially-healthy.html

Read more: https://unusualwhales.com/news/heres-the-average-salary-each-generation-says-they-need-to-feel-financially-healthy