"It's Going To Bite Us" - Upside-Down Auto Loans Surge
https://www.zerohedge.com/markets/ameri ... ans-surges
LA Elites Spend $150,000 For Protection Dogs As Crime Fears Worsen
https://www.zerohedge.com/personal-fina ... ars-worsen
Health concerns, harmful reactions to the COVID vaccines, lockdowns, and stimulus payments pushed tens of millions of Americans who were still in their prime working years out of their jobs. Three years later, many of those who quit working have yet to return to work,
We have an aging population, a decline in labor force participation, an increase in gig economy jobs And… the pandemic caused many to exit the labor force altogether, which has artificially lowered the unemployment rate.
Some Americans have stopped looking OR decided that they don’t want to work OR cobbled together enough forms of welfare rather than work.
Today you have 11 million open jobs. You have 7 million able-bodied men sitting it out.
Almost six in 10 U.S. adults are living paycheck-to-paycheck, CNBC reports in a new survey.
More than half of Americans (53%) say they do not have an emergency fund, while 40% of those who do have less than $10,000.
Seniors are more likely than younger adults to have an emergency fund with 68% of Americans who are 65 or older saying they have one compared to almost a third of Americans who are 18-34 saying they do (32%).
Men are also more likely than women to have an emergency fund (50% of men versus 41% of women).
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