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More families are struggling to make ends meet more than ever—something has to give [Yahoo! Finance]
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
over and over: “We're making the most money we've ever made, yet we're the poorest we've ever been.” Why are so many families struggling to make ends meet in 2024? When will we get a break? According to our 2024 State of Motherhood Survey , a majority of mothers reported struggling with living expenses and school debt. In fact, over a quarter of all moms (27%) reported receiving regular financial support from their parents, increasing to 49% for moms under 30. And that number only counts those who are privileged enough to be able to rely on their extended families for help. Many parents out there can't do that. Even though middle-class wage growth is considered to be high by historical standards, it isn't keeping up with the increased cost of living, according to to a September 2023 report by the Congressional Budget Office . Because the cost of living in 2023 was up 6.5% from 2022, with most Americans' salaries remaining stagnant. It's basically impossible to live the same life
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