this post was submitted on 17 Nov 2025
10 points (85.7% liked)

USA | United states of America

248 readers
9 users here now

founded 3 years ago
MODERATORS
Kokomheart@lemmy.ca
altair222@beehaw.org
10
Alarming trend: Record number of Americans tap 401(k)s to stay afloat - here’s what’s driving it (economictimes.indiatimes.com)
submitted 1 week ago by cm0002@libretechni.ca to c/usa@lemmy.ca
1 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] dparticiple@sh.itjust.works 8 points 1 week ago

Easy to analyze:

  • Steeply increasing costs
  • Expensive real estate
  • Sluggish wage growth
  • Mass layoffs
  • Economic and geopolitical uncertainty
  • Structural change in employment (AI, etc)
  • High interest rates / borrowing costs

May I have a job as an AI summarization bot or a highly compensated speaker in Davos next year?