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Why the Labor Economy Turns to Credit to Keep Spending
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Why the Labor Economy Turns to Credit to Keep Spending

The U.S. Labor Economy may sit at the lower end of the wage scale, but it punches far above its weight in economic impact. Roughly 60 million workers earning less than $25 an hour account for about 15% of total U.S. consumer spending, making their financial stability essential to GDP growth and the health of [...]The post Why the Labor Economy Turns to Credit to Keep Spending appeared first on PYMNTS.com.

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