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

Unusual Whales

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

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