Reported 7 months ago
A Bank of America study shows that Americans are feeling more financially secure compared to a year ago, with 47% feeling financially well. However, disparities exist across gender and race, with 53% of men reporting improved financial well-being compared to 36% of women. Asian and Caucasian workers feel the most financially secure, while other racial groups experience a decline. Bank of America's Lorna Sabbia emphasizes the importance of addressing pay equity issues and demographics within companies to ensure fair compensation and access to benefits for all employees.
Source: YAHOO