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Kiplinger
Kiplinger
Business
Tom Higgins

Half of New York's Working-Age Households Can’t Meet Basic Needs

New York skyline

There is no doubt that wallets across the country are being squeezed. From food prices rising by 8.5% across the year to high utility bills driving homeowners to downsize their properties, no one has been able to escape the ongoing financial grind.

It’s especially true for New York City residents, where a new report has found 50% of working-age households do not earn enough to meet basic needs.

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