Workers Face Difficulty Saving Money, Employers Step In to Help

Reported about 7 hours ago

Many workers are struggling to save due to rising living costs, with about 45% lacking sufficient emergency savings according to a recent Federal Reserve survey. In response, more employers are introducing emergency savings accounts to assist employees in building their savings, which can alleviate financial stress and reduce reliance on credit. Approximately 77% of employers are expected to implement these accounts, encouraging the creation of a financial safety net for workers.

Source: YAHOO

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