Experts analyze several reasons why so many are living paycheck to paycheck
According to a recent OnePoll survey, 7 in 10 Americans are saying they are living paycheck to paycheck amid the pandemic.
Data further revealed that out of the 2,007 people who participated in the survey, 63% of the people surveyed said they didn’t feel they would ever reach some level of security.
On Monday’s special edition of “Closer Look,” program host Rose Scott talked with Dr. Robert Lerman, an Institute fellow in the Center on Labor, Human Services and Population at the Urban Institute and, Dr. Saloni Firasta Vastani, an associate professor in the practice of marketing at Emory University, for the relaunch of “Closer Look’s” Paycheck to Paycheck series that identifies, analyzes and curates conversations regarding how Georgians are faring economically during the pandemic.
During the conversation, Lerman discussed several topics, including his research that focuses on how employment issues, low wages, income inequality and family structure impact low-income populations.
Firasta Vastani also discussed how buyers consciously and subconsciously process price information, remember it and use it to make purchase decisions.