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Rising Costs Outpace Wages, 65% Struggle to Afford Essentials

1/12/2026

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Summary

Story summary

A Resume Now survey finds rising costs outpace wages, creating significant financial strain for many Americans.
Only 17% of respondents feel secure enough to cover essentials and save.
Sixty-five percent struggle to afford essentials, signaling a long-term financial crisis.
Ninety-two percent have cut back on spending.
Experts warn the trend reflects systemic issues and food prices are expected to rise in 2026.

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Story summary

A Resume Now survey finds rising costs outpace wages, creating significant financial strain for many Americans.
Only 17% of respondents feel secure enough to cover essentials and save.
Sixty-five percent struggle to afford essentials, signaling a long-term financial crisis.
Ninety-two percent have cut back on spending.
Experts warn the trend reflects systemic issues and food prices are expected to rise in 2026.