What hourly workers are doing to get by

Save
3 months ago
27
Finance & Crypto Business & Entrepreneurship hourly workers struggles surviving on hourly wages hourly pay challenges living paycheck to paycheck coping with low hourly rates side hustles for hourly workers managing finances on hourly income hourly workers cost-cutting part-time workers

Four in 10 hourly workers say that living paycheck to paycheck would be an upgrade from their current financial situation, according to a new study.

Commissioned by DailyPay and conducted by Talker Research, the survey of 2,000 American workers who get paid on an hourly basis, with a quota for 1,000 Gen Z workers and 1,000 retail workers, found that 39% would see living from paycheck to paycheck as an improvement in their finances.

Digging into hourly workers’ dire financial circumstances, almost half (44%) have overdrafted their bank accounts in the last month.

Thirty-eight percent currently have less than $1,000 in their bank accounts and a fifth (19%) have taken out a loan in the last year to make ends meet financially.

Loading comments...