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Majority of Workers Live Paycheck to PaycheckTips on how to make ends meetBy Brent Rasmussen, President of CareerBuilder North America Throughout the economic downturn, many companies were forced to lay off workers, implement furloughs
Majority of Workers Live Paycheck to PaycheckTips on how to make ends meetBy Brent Rasmussen, President of CareerBuilder North America Throughout the economic downturn, many companies were forced to lay off workers, implement furloughs, decrease benefits and cut salaries in order to stay afloat. Although recent reports indicate the recession is over and recovery is on the horizon, workers may still feel a pinch in their paychecks for a while. If you're counting the seconds until your paycheck hits your bank account, you aren't alone. Today's economic situation has household budgets everywhere tightening, as 61 percent of workers report they always or usually live paycheck to paycheck to make ends meet, according to a new CareerBuilder survey of more than 4,400 workers. This is up from 49 percent last year and 43 percent in 2007.It's not just people earning average salaries who are feeling the need to pinch pennies: 30 percent of workers with salaries of
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