If you are just making ends meet, it means what?
Just to make ends meet, a family with one adult and two children needs to earn an average of $35.80 an hour — a level of income that is beyond what most households across the country are earning, according to a new study from the 2022 County Health Rankings.
An hourly wage of $35.80 equates to about $74,400 in annual income. The average hourly wage stood at $31.73 in March, or about $66,000 annually, according to the latest government data. That means many families are falling behind in their ability to afford the basics, said Marjory Givens, co-director at the County Health Rankings, which is a program of the University of Wisconsin Population Health Institute.
“This is definitely a clear indication that economic security is out of reach for many,” Givens told CBS MoneyWatch. “It is a call to action.”
Source of above: https://apple.news/Ae-QRkLNjSSGLjoLX2rk6PA