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Nearly half of US employees lack emergency savings

The Asset Funders Network’s new report, “When A Job Is Not Enough: Employee Financial Wellness and the Role of Philanthropy,” delves into the financial hardships and stresses experienced by workers across the nation. According to the report:

  • Nearly half of employees lack emergency savings, and find it difficult to cover their expenses and pay their bills;

  • More than 50% of employees say they are somewhat or very stressed about their finances; and

  • One third of employees say they are less productive at work because of their financial stress.

To read the full report from the Asset Funders Network, click here.

Kathleen Taylor