Core Insights - American workers are facing significant financial challenges, with 40% stating their income has not kept pace with rising living costs [1][3] - Cost-of-living concerns are a primary issue as the 2026 midterm elections approach, affecting household budgets and savings [2] - Job insecurity is prevalent, leading many workers to remain in their current positions rather than seeking better pay opportunities [3] Financial Stability - A majority of workers lack sufficient savings, with over half having less than three months of living expenses saved in case of a layoff [5] - Financial stress is widespread, with more than half of employees experiencing financial strain, and less than half receiving raises in the past year [6] - A significant portion of the workforce struggles to pay bills, with 14% unable to meet their monthly obligations and 42% having little left for savings after bills [7] Savings and Financial Preparedness - 42% of workers report having savings that can cover three months or more of living expenses, while 16% have three to five months saved [8] - Only 12% have savings that can last six to twelve months, and 14% have more than twelve months saved [8]