Birdwatch Note Rating
2024-03-18 11:18:51 UTC - HELPFUL
Rated by Participant: D123B95DBA77BC3A6692F2F844BEA6DD3868E5BCB4B8BB36AC1F3BF840AA1416
Participant Details
Original Note:
This is a misnomer. More reliable estimates say that the amount of Americans living paycheck to paycheck is around 50-63%. https://www.politifact.com/factchecks/2022/may/16/facebook-posts/though-many-americans-live-paycheck-paycheck-some-/ The 78% number either comes from Barrons, which specifies that number is from people making under 50k a year (https://www.barrons.com/articles/living-paycheck-consumer-economy-bb16b8e8) or a Payroll.org survey which hasn't been verified.
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