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With workers on both sides of the border bracing for the economic impact of a potential trade war, a new survey shows the extent to which Americans are already struggling to make ends meet.
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The 2025 Wage Reality Report from Resume Now, a company providing resume-building tools and templates, surveyed 1,065 workers in December and found a growing dissatisfaction with salaries and highlighted the toll of employee financial stress on workplace morale and productivity.
It said 12 per cent of workers cannot afford basic living expenses and 24 per cent struggle to do so. The survey said 37 per cent can manage basic expenses but with limited room for extras, while 21 per cent can comfortably afford basic living essentials and some extras.
Meanwhile, only six per cent say they can easily afford basic living expenses and are able to save for the future.
“With nearly three-quarters of workers struggling to afford more than the basics, this report highlights a growing financial crisis that affects workers across all income levels,” said Keith Spencer, a career expert at Resume Now. “Rising costs, stagnant wages, and a lack of meaningful support from employers are creating a perfect storm of stress, dissatisfaction, and instability in the workforce.”
The challenges workers face when it comes to financial stress are deeply tied to rising costs and insufficient wages, the report said. Among the greatest financial concerns for those surveyed were housing costs (55 per cent), increasing prices for everyday essentials (41 per cent), salaries failing to keep up with inflation (34 per cent), and the inability to save for emergencies or the future (33 per cent).
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